SpaceX and Tesla to Invest $16.8 Billion in Terafab Chip Plant in Texas

Tesla (TSLA) shares could trend upward in the short term after the announcement of a $16.8 billion spending plan for the Terafab chip facility in Texas, co-owned by SpaceX and Tesla. This investment is viewed as a positive signal, as it could enhance the company's technology and production capacity. The RSI14 indicator stands at 52, and the MACD is moving in a positive direction, suggesting that short-term buying pressure may continue. However, the financial burden and potential risks associated with the high investment amount should also be considered.

Although the news focuses on Elon Musk's companies, it is not a direct catalyst for GOOGL; however, it could increase investment appetite in the technology sector. Technical indicators are mixed: RSI at 46 is in neutral territory, MACD is below the signal line, and the price is below the SMA20, indicating short-term weakness. A 1.8% increase in the last 24 hours and a close above the SMA50 suggest support has been found. Therefore, the direction is not clear; the price is likely to fluctuate within the 360-375 range.

The news confirms strong demand for NVIDIA's chips and indicates that major investments in AI infrastructure continue. Technical indicators also support this positive outlook; the RSI at 68.8 is approaching overbought territory but is not yet overbought, and the MACD is above its signal line and positive. The price is in a strong uptrend above the SMA20 and SMA50. However, given the sharp 10.4% rise in the last 24 hours, there is a risk of profit-taking and consolidation in the short term. Therefore, while the direction is upward, one should act with cautious optimism.

The news indicates that SpaceX and Tesla will make significant investments in a chip facility in Texas, which could serve as an indirect positive demand signal for AMD. Technically, the price is just above the 50-day moving average (480.09), and with an RSI of 42.5, it is near oversold territory, increasing the potential for a short-term rebound. The MACD line remains below the signal line but holds a positive value, suggesting limited momentum loss. However, trading below the 20-day average (498.36) and the decline over the past 24 hours indicate that any upward movement may not be strong. Therefore, a slight upward bias is expected in the short term, but confidence should be maintained at a moderate level.