# Tesla CEO Elon Musk has revealed that the company’s Terafab Project for producing AI chips will commence on March 21.

*semiconductor · news · 2026-03-17 · Breitbart News Network*

## Key points

- Tesla's Terafab chip manufacturing project will officially launch on March 21, 2024.
- Terafab costs are not included in Tesla's 2026 $20 billion capital expenditure forecast.
- Tesla may need to borrow funds to finance Terafab and its other large-scale initiatives.
- BYD manufactures semiconductors but does not produce advanced AI chips like those planned for Terafab.

**Companies:** Tesla, Taiwan Semiconductor, Samsung Electronics, Micron Technology
**Countries:** United States, Taiwan, South Korea

[Read the full story on Breitbart News Network](https://www.breitbart.com/politics/2026/03/17/elon-musk-announces-launch-date-for-teslas-in-house-ai-chip-manufacturing-project/)

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