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Tesla CEO Elon Musk has revealed that the company’s Terafab Project for producing AI chips will commence on March 21.
Tesla's Terafab Project for AI chip manufacturing will officially launch on March 21, 2024.
KEY POINTS
- Tesla's $20 billion capital expenditure forecast for 2026 excludes Terafab and solar factory costs.
- Tesla may need to borrow funds to finance Terafab, potentially impacting its cash reserves.
- Current chip suppliers may not meet Tesla's future demand, driving the push for vertical integration.
- Terafab aims to build a domestic fab covering logic, memory, and packaging in one facility.
COMPANIES
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