Tesla is trading at β¬287.35 (+3.16%) after investors reacted to its joint Terafab semiconductor project with SpaceX.
- Reuters reported on August 6, 2026, that the companies will initially invest $16.8 billion in Texas.
- The complex will support Teslaβs future AI hardware needs.
- Weaker July U.S. jobs data improved rate-cut expectations and boosted technology stocks broadly.