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Thread · March 22, 2026

Analyst Dan Ives Hails Terafab as Path to Tesla-SpaceX Merger and $600 PT

Wedbush's Dan Ives views Terafab as accelerating Tesla's AI strategy amid chip shortages, positioning it as an AI powerhouse and first step toward a 2027 Tesla-SpaceX merger. Maintains Outperform rating with $600 TSLA target despite uncertain timeline. Notes suppliers like TSMC can't meet demand.

Key facts

  • First step to Tesla-SpaceX merger in 2027
  • $600 TSLA price target
  • Addresses chip supply constraints for AI
this is the first step to ultimately what will be Tesla and SpaceX combining forces in a merger likely in 2027
— Dan Ives

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