Tesla Pursues $25B Terafab Chip Plant as SpaceX Buyout Talk Swirls
TSLA sits 22% above its 52-week low of $297.38.
Summary
Tesla is advancing a dedicated chip-factory project called Terafab, guiding over $25 billion in annual spending with potential additional capital for the plant. Barclays has floated speculation that SpaceX could acquire Tesla in an all-stock deal within 6-12 months, with Musk retaining majority voting control via dual-class shares. The company reports earnings October 21, where management commentary on Terafab progress, capital plans, and FSD/Robotaxi/Optimus margins will be key. Separately, the Roadster demo was delayed again due to weather and is rescheduled for Thursday evening. Tesla's batteries discharged a record 745 MW to California's grid on October 6, and BYD outsold Tesla in full-year 2025 global unit sales.
At the time of this announcement, TSLA was trading at $363.81 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.5T. The 52-week trading range was $297.38 to $498.83. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.