NasdaqGS:TSLAAuto
Tesla Terafab Chip Bet Tests Valuation And AI Growth Story
Tesla and SpaceX plan to build Terafab, a multibillion dollar semiconductor plant in Texas aimed at supplying chips for AI, autonomy, robotics, and space projects.
The facility is intended to secure advanced chip capacity for both companies and reduce reliance on external suppliers.
The announced investment could reach up to $119b, signaling a significant capital commitment beyond Tesla's core vehicle manufacturing.
Tesla (NasdaqGS:TSLA), recently trading at $411.81, comes into this Terafab...