Movement Alert｜Tesla Motors Rises 3.05% in Regular Trading, SpaceX to Build Gas Turbine Blade Foundry to Solve AI Power Bottleneck

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On August 31, Tesla Motors rose 3.05% in regular trading, trading at $358.85/share, with turnover of $2.157 billion. The stock was buoyed by a dual catalyst: SpaceX's announcement of a self-built turbine blade foundry and the launch of a budget Model 3 in Hong Kong and Macau.

CEO Elon Musk confirmed on X that SpaceX is constructing a casting facility in Bastrop, Texas, to produce blades and vanes for large gas turbines — a critical bottleneck constraining AI data center power expansion. Musk stated that in-house casting could advance turbine commissioning timelines by up to 18 months, calling it a profound game changer that bypasses the existing oligopoly among incumbent manufacturers. He also disclosed that SpaceX and Tesla are each building 100GW of annual solar production capacity. The news sent traditional blade maker Howmet Aerospace down 4.7% pre-market.

Separately, Tesla launched a simplified, lower-priced Model 3 in Hong Kong at HKD 205,000 (approximately RMB 175,900) and in Macau at MOP 252,000, trimming non-core features such as ambient lighting and premium fabrics while retaining HW4.0 hardware and 572 km WLTP range.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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Musk stated that in-house casting could advance turbine commissioning timelines by up to 18 months, calling it a profound game changer that bypasses the existing oligopoly among incumbent manufacturers. He also disclosed that SpaceX and Tesla are each building 100GW of annual solar production capacity. The news sent traditional blade maker Howmet Aerospace down 4.7% pre-market.Separately, Tesla launched a simplified, lower-priced Model 3 in Hong Kong at HKD 205,000 (approximately RMB 175,900) and in Macau at MOP 252,000, trimming non-core features such as ambient lighting and premium fabrics while retaining HW4.0 hardware and 572 km WLTP range.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. 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