Elon Musk

Musk announces ‘Terafab’ plan to address chip shortage for Tesla, SpaceX

Elon Musk has announced plans for a major chip manufacturing initiative involving Tesla and SpaceX, aimed at meeting the growing demand for semiconductors across his companies. According to Bloomberg, Musk unveiled the proposal on Sunday at an event in downtown Austin, Texas, indicating that the proposed facility—dubbed “Terafab”—would be located near Tesla’s headquarters and Gigafactory in the city. Musk said …

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