曝特斯拉或将被合并！

电动知家02-09

电动知家消息，近来，外媒报道特斯拉将被合并的消息越来越多，2月8日，SpaceX 和 xAI合并的消息，再次引发了人们对马斯克的电动汽车公司特斯拉将面临何种影响的猜测，特斯拉会是下一个吗？在1月份的时候，彭博社（Bloomberg）、路透社（Reuters）、英国卫报等多家媒体就曾报道，隆·马斯克（Elon Musk）正在考虑将其商业帝国进行大整合，SpaceX 正在探讨与特斯拉合并的可能性，或者...

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合并，以实现资源整合。就在上周埃隆·马斯克旗下SpaceX在公司备忘录中确认与xAI合并，并将于2026年2月完成合并（估值1.25万亿美元），这再次引发市场对特斯拉是否会被纳入同一体系的猜测。韦德布什分析师丹·艾夫斯认为，三家公司合并概率极高，可能在12-18个月内以某种形式实现，旨在构建覆盖“太空AI数据中心、机器人、自动驾驶”的超级生态，主导物理世界的AI革命。我们也觉得这个事情是有可能的，这事有迹可循，此前德意志银行报告强调，特斯拉已转型为“物理AI企业”，2026年资本开支将超200亿美元（同比翻倍），重点投入机器人量产、AI芯片及自动驾驶数据中心。而就在前不久，特斯拉还宣布停产Model S/X两款旗舰电动车，将生产线改造为Optimus人形机器人工厂。此举也被解读为“告别象征性产品，押注下一代技术”。事实上，我们看到此前就汽车行业专家预测特斯拉可能会离开汽车行业。2025年10月，斯特兰蒂斯前CEO卡洛斯·塔瓦雷斯近日接受采访时称，特斯拉在效率是将被比亚迪打败，但特斯拉估值实在高得离谱，这样的话市值损失将是巨大的，而特斯拉本身是一个创新的企业集团，所以，他表示，不能排除在某个时候，他会决定离开汽车行业，转而专注于人形机器人、SpaceX或人工智能。埃隆·马斯克将会离开汽车行业。更值得一提的是，我们看到国外已经有很多分析师对特斯拉可能被合并的看法表示了认同。Deepwater Asset Management 的管理合伙人、联合创始人兼投资组合研究主管 Gene Munster 在一次采访中表示，他认为特斯拉股东会“欢迎这种合并”。罗科表示，从长远来看，他认为这将产生“良好的协同效应”。韦德布什表示，“随着时间的推移，特斯拉最终以某种形式并入 SpaceX/xAI 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