Is merging with SpaceX the new 'master plan' at Tesla? (TSLA:NASDAQ)

Tesla (TSLA) has long been known to issue sweeping master plans to describe its business objectives. The next version could involve one of the largest mergers in corporate history in terms of the market caps involved.

Wedbush Securities expects Tesla (

A Tesla and SpaceX merger could create one of the largest combined organizations with increased overlap, operational synergy, and enhanced AI ecosystem control under Musk; it also presents regulatory challenges.

Tesla's $2B investment in xAI, now converted to a stake in SpaceX, ties the companies closer together and could facilitate future merger efforts, despite it being less than 1% of SpaceX's valuation.

Tesla's master plans outline the company's evolving business objectives, highlighting moves from premium vehicles to broad electrification and, currently, transformational goals that set context for potential large-scale mergers and industry shifts.