Tesla Orders $2.9 Billion in Solar Equipment, Coinbase Adds 10x Leveraged Futures
Tesla ordered $2.9 billion of automated solar production lines from Suzhou Maxwell to build a 100 GW-annual integrated solar plant in Texas for SpaceX, battery and AI data center use by 2028. Coinbase launched 24/7 perpetual futures on Tesla shares with up to 10x leverage and USDC settlement.
1. Solar Equipment Order
Tesla has committed $2.9 billion to purchase industrial-scale solar manufacturing equipment from Suzhou Maxwell Technologies, including automated production lines and modular assembly units. The machinery applies conductive silver paste to solar cells, enhancing efficiency and cost performance, and will be shipped to a new Texas plant.
2. Solar Capacity Goals and Supply Chain Risk
The Texas facility aims to produce 100 GW of solar panels annually by 2028, enough to power 15–20 million U.S. homes and supply SpaceX, Tesla battery operations and AI data centers. Reliance on Chinese-manufactured equipment introduces geopolitical risk if trade tensions disrupt the supply chain.
3. Coinbase 24/7 Perpetual Futures Launch
Coinbase expanded its platform to offer round-the-clock perpetual futures trading for Tesla shares with up to 10x leverage on single stocks and 20x on ETFs. Positions settle in USDC stablecoin and allow cross-margining across spot and futures holdings.