At the Baron Investment Conference, billionaire Ron Baron estimated Elon Musk's Terafab chip venture could cost $1 trillion over time, a figure Musk did not dispute. Terafab aims to produce a terawatt of AI chips annually, vastly exceeding current global output. The first phase is officially estimated at $16.8 billion in Texas, but subsequent phases lack clear funding sources, raising questions about which shareholders will bear the costs. Tesla and SpaceX face significant capital expenditures, and the project's success and financing remain uncertain.
As of Nov 08, 2026 00:02 WIB, Tesla (TSLA) shares are trading at USD 358.22, up 4.23% on the day, with a market cap of $1.42 trillion on Pluang. SpaceX (SPCX) is also gaining, priced at USD 134.27 with an 8.62% increase and a market cap of $1.82 trillion. The ambitious Terafab chip plant project, potentially costing $1 trillion, contrasts with Tesla's current enterprise value of $1.39 trillion, highlighting the scale of Musk's vision.
Electric vehicle stocks including Nio, Tesla, and Lucid rose sharply after a post-election sell-off, with Tesla up 5%, Nio 6%, and Lucid 5%. Tesla CEO Elon Musk announced plans to wind down Cybertruck production at Giga Austin by mid-2027 to increase...
SpaceX shares climbed 4% to $128.92 as tech stocks recovered after a post-election selloff that had pushed SpaceX down 25% in a month. The rebound is supported by strong U.S. jobs data and a rotation back into growth stocks, though challenges remain ...
Tesla's valuation relies heavily on its Robotaxi, Megapack energy storage, and Full Self-Driving (FSD) software, but new Democratic control of Congress and a $20 billion spending cycle raise concerns about regulatory hurdles and profit pressures. Tes...
Tesla and SpaceX stocks have fallen sharply, with SpaceX dropping 12.5% over two sessions, as investors react to a Democratic midterm sweep that signals slower growth in AI-related sectors. The market is adjusting expectations, leading to a selloff i...
Tesla plans to stop Cybertruck production by mid-2025 to prioritize the new Cybercab, aiming for public sales by the end of 2026 despite regulatory scrutiny. The Cybertruck has faced declining demand due to recalls, quality problems, and price change...
