Elon Musk announced that Tesla and SpaceX will jointly build a semiconductor fabrication facility, called Terafab, in Austin, Texas. The plant aims to produce chips at scale for robotics, artificial intelligence and space‑based data centers that support Musk’s enterprises. While Musk emphasized the necessity of the fab to secure future chip supply, industry observers note the complexity, massive capital requirements and Musk’s lack of semiconductor experience. No timeline was provided for construction or production, leaving questions about when the facility might become operational. Read more →