Tesla to Build AI Chip Factory With SpaceX, Shares Unexpectedly Fall

TradingKey

Yesterday

TradingKey - Tesla to Build Chip Factory with SpaceX; Why Did the Stock Price Fall Instead of Rise?

On March 24, Eastern Time, Elon Musk announced that Tesla ( TSLA) will build a massive chip factory with SpaceX, but Tesla's stock price fell instead of rising. In U.S. pre-market trading, Tesla shares fell 0.7%, trading at $378.2.

Tesla stock price chart, Source: Google

According to reports on March 24, Musk revealed that Tesla and SpaceX will construct a large-scale chip factory named 'Terafab' in Austin to meet surging AI demand. The factory reportedly aims to produce 1 terawatt of computing power per year, exceeding the current total capacity of the United States.

Amid the AI boom, Tesla's entry into AI chips is a major positive; however, the stock price fell instead of rising, primarily weighed down by market panic. As of press time, the VIX volatility index rose 3.65%, and the three major U.S. stock index futures fell collectively. Dow Jones futures dropped 0.63%, S&P 500 futures fell 0.59%, and Nasdaq futures declined 0.57%.

Find out more

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2621060686"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2621060686\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2621060686?lang=en_US&edition=fundamental","thumbnail":"https://resource.tradingkey.com/cms_uploads/img/20231124/4529cbe3c084cabd55e8812f6155f63f.jpg","is_english":true,"pubTime":"2026-03-24 21:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621060686","market":"us","top_or_hot":-1,"title":"Tesla to Build AI Chip Factory With SpaceX, Shares Unexpectedly Fall","media":"TradingKey","content":"<html><body><p dir=\"ltr\"><span>TradingKey - <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> to Build Chip Factory with SpaceX; Why Did the Stock Price Fall Instead of Rise?</span></p><p dir=\"ltr\"><span>On March 24, Eastern Time, Elon Musk announced that Tesla (</span><span> TSLA</span><span>) will build a massive chip factory with SpaceX, but Tesla's stock price fell instead of rising. In U.S. pre-market trading, Tesla shares fell 0.7%, trading at $378.2.</span></p><p dir=\"ltr\"><img height=\"665\" src=\"https://resource.tradingkey.com/uploads/20260324/tsla-price-ac35f52ee7ff4aaa84113fc0115c4b71.png\" width=\"800\"/><span>Tesla stock price chart, Source: Google</span></p><p dir=\"ltr\"><span>According to reports on March 24, Musk revealed that Tesla and SpaceX will construct a large-scale chip factory named 'Terafab' in Austin to meet surging AI demand. The factory reportedly aims to produce 1 terawatt of computing power per year, exceeding the current total capacity of the United States.</span></p><p dir=\"ltr\"><span>Amid the AI boom, Tesla's entry into AI chips is a major positive; however, the stock price fell instead of rising, primarily weighed down by market panic. As of press time, the VIX volatility index rose 3.65%, and the three major U.S. stock index futures fell collectively. Dow Jones futures dropped 0.63%, S&amp;P 500 futures fell 0.59%, and Nasdaq futures declined 0.57%.</span></p><p>Find out more</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla to Build AI Chip Factory With SpaceX, Shares Unexpectedly Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla to Build AI Chip Factory With SpaceX, Shares Unexpectedly Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1041236214\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">TradingKey </p>\n<p class=\"h-time\">2026-03-24 21:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p dir=\"ltr\"><span>TradingKey - <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> to Build Chip Factory with SpaceX; Why Did the Stock Price Fall Instead of Rise?</span></p><p dir=\"ltr\"><span>On March 24, Eastern Time, Elon Musk announced that Tesla (</span><span> TSLA</span><span>) will build a massive chip factory with SpaceX, but Tesla's stock price fell instead of rising. In U.S. pre-market trading, Tesla shares fell 0.7%, trading at $378.2.</span></p><p dir=\"ltr\"><img height=\"665\" src=\"https://resource.tradingkey.com/uploads/20260324/tsla-price-ac35f52ee7ff4aaa84113fc0115c4b71.png\" width=\"800\"/><span>Tesla stock price chart, Source: Google</span></p><p dir=\"ltr\"><span>According to reports on March 24, Musk revealed that Tesla and SpaceX will construct a large-scale chip factory named 'Terafab' in Austin to meet surging AI demand. The factory reportedly aims to produce 1 terawatt of computing power per year, exceeding the current total capacity of the United States.</span></p><p dir=\"ltr\"><span>Amid the AI boom, Tesla's entry into AI chips is a major positive; however, the stock price fell instead of rising, primarily weighed down by market panic. As of press time, the VIX volatility index rose 3.65%, and the three major U.S. stock index futures fell collectively. Dow Jones futures dropped 0.63%, S&amp;P 500 futures fell 0.59%, and Nasdaq futures declined 0.57%.</span></p><p>Find out more</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSII","symbol_name":"REX TSLA Growth & Income ETF","start_time":0,"source_url":"https://www.tradingkey.com/news/stocks/261714481-tesla-tsla-spacex-msuk-ai-tradingkey","article_id":"2621060686","we_media_id":"1041236214","thumbnails":["https://resource.tradingkey.com/cms_uploads/img/20231124/4529cbe3c084cabd55e8812f6155f63f.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621060686","pubTimestamp":1774358295,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"TradingKey","introduction":"Your One-Stop Financial Markets Platform","home_visible":1,"id":"1041236214","head_image":"https://community-static.tradeup.com/news/e2a333e9d84c06e89a63420211f0f9bb"},"summary":"Tesla to Build Chip Factory with SpaceX: Why Did the Stock Price Fall Instead of Rise?","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSII":"REX TSLA Growth & Income ETF","SG9999015978.USD":"利安颠覆性创新基金A","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","TSL":"1.25倍做多TSLA ETF-GraniteShares","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU2417539215.USD":"ALLIANZ GLOBAL INCOME \"AMF\" (USD) INC","TSLG":"2倍做多TSLA ETF-Leverage Shares","TSLI":"2倍做多TSLA ETF-ProShares","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","TSLL":"2倍做多TSLA ETF-Direxion","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","CRSH":"做空TSLA 期权收益策略ETF-YieldMax","TSLO":"2倍上限加速TSLA ETF-Leverage Shares","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","TSLP":"TSLA收益溢价策略ETF-Kurv","TSLQ":"2倍做空TSLA ETF-Tradr","LU0323591593.USD":"SCHRODER ISF QEP GLOBAL QUALITY \"A\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","TSLA":"特斯拉","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","TSLR":"2倍做多TSLA ETF-GraniteShares","BK4604":"机器人概念","LU0109391861.USD":"富兰克林美国机遇基金A Acc","TSLS":"1倍做空TSLA ETF-Direxion","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","BK4527":"明星科技股","IE0034235303.USD":"PINEBRIDGE US RESEARCH ENHANCED CORE EQUITY \"A\" (USD) ACC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","TSLT":"2倍做多TSLA ETF-T-Rex","LU0056508442.USD":"贝莱德世界科技基金A2","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","TSLW":"TSLA周配息ETF-Roundhill","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","07766":"南方两倍做多特斯拉","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","TSLY":"TSLA期权收益策略ETF-YieldMax","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","TSLZ":"2倍做空TSLA ETF-T-Rex","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","BK4612":"AI芯片","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1232071149.USD":"AZ FUND 1 GLOBAL GROWTH SELECTOR \"AAZ\" (USDHDG) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4574":"无人驾驶","IE00BJLML261.HKD":"HSBC GLOBAL EQUITY INDEX \"HCH\" (HKD) ACC","LU1674673691.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (USD) INC","LU2420271590.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AT\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","TESL":"Simplify Volt TSLA Revolution ETF","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1674673428.USD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AC\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","TEST":"YieldMax TSLA Performance & Distribution Target 25 ETF","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4581":"高盛持仓","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","BK4543":"AI","LU2471134952.CNY":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (CNYHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2471134879.HKD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (HKD) INC","BK4511":"特斯拉概念","BK4534":"瑞士信贷持仓","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","LU2471134523.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0345769128.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) ACC","LU2471134796.USD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (USD) INC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4516":"特朗普概念","LU0210536198.USD":"JPM US GROWTH \"A\" ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0345769631.USD":"NINETY ONE GSF GLOBAL EQUITY \"A\" (USD) INC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4592":"伊斯兰概念","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","LU2896262040.SGD":"JPM US GROWTH FUND \"A\" (SGD) ACC","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0345770993.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) INC","BK4548":"巴美列捷福持仓","UFO":"Procure Space ETF","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU1861215975.USD":"贝莱德新一代科技基金 A2","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","TLA":"GraniteShares Autocallable TSLA ETF","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","BK4099":"汽车制造商","BK4585":"ETF&股票定投概念","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","BK4555":"新能源车","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","TSDD":"2倍做空TSLA ETF-GraniteShares","TSYY":"收益增强TSLA ETF-GraniteShares","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","BK4550":"红杉资本持仓","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","BK4588":"碎股","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU2462157665.USD":"ALLIANZ GLOBAL INCOME \"A\" (USD) INC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4551":"寇图资本持仓","BK4598":"佩洛西持仓","LU0823411888.USD":"法巴消费创新基金 Cap","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC"},"translate_title":"特斯拉将与SpaceX共建AI芯片工厂股价意外下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1.96,"TEST":0.6,"TSLT":0.6,"TSLO":0.6,"TLA":0.6,"UFO":0.6,"TSYY":0.6,"TSLZ":0.6,"TSLS":0.6,"TSLW":0.6,"CRSH":0.6,"07766":0.6,"TESL":0.6,"TSLL":0.6,"TSLG":0.6,"TSDD":0.6,"TSII":0.6,"TSLY":0.6,"TSLR":0.6,"TSLI":0.6,"TSLP":0.6,"TSLQ":0.6,"TSL":0.6},"content_text":"TradingKey - Tesla to Build Chip Factory with SpaceX; Why Did the Stock Price Fall Instead of Rise?On March 24, Eastern Time, Elon Musk announced that Tesla ( TSLA) will build a massive chip factory with SpaceX, but Tesla's stock price fell instead of rising. In U.S. pre-market trading, Tesla shares fell 0.7%, trading at $378.2.Tesla stock price chart, Source: GoogleAccording to reports on March 24, Musk revealed that Tesla and SpaceX will construct a large-scale chip factory named 'Terafab' in Austin to meet surging AI demand. The factory reportedly aims to produce 1 terawatt of computing power per year, exceeding the current total capacity of the United States.Amid the AI boom, Tesla's entry into AI chips is a major positive; however, the stock price fell instead of rising, primarily weighed down by market panic. As of press time, the VIX volatility index rose 3.65%, and the three major U.S. stock index futures fell collectively. Dow Jones futures dropped 0.63%, S&P 500 futures fell 0.59%, and Nasdaq futures declined 0.57%.Find out more","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}