Elon Musk via X now states that Tesla will launch the Terafab project within a week. The project will focus on developing a facility for Tesla's own chip production, thus reducing dependence on other parties.
Previously, Elon Musk has stated that Tesla is designing a new generation of chips that will power their targets in the self-driving arena. Processing chips are a key component for various current operations, including data processing and artificial intelligence.
For now, full information related to the facility has not been shared yet. Perhaps we will hear more about it officially this week from Elon Musk himself.
Terafab Project launches in 7 days
— Elon Musk (@elonmusk) March 14, 2026
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BUSINESS & MONEY
