Tesla CEO Announces Major Chip Manufacturing Project Set to Begin Next Week

Saturday, March 14, 2026 at 10:20 AM

Elon Musk announced on Saturday that Tesla's Terafab project will begin operations within a week. The initiative follows Musk's previous statements about Tesla needing to construct a massive semiconductor manufacturing facility for AI chip production.

Tesla’s Chief Executive Officer Elon Musk announced on Saturday that the company’s Terafab initiative is scheduled to begin operations in one week.

The announcement follows comments Musk made in the previous year indicating that Tesla would likely need to construct what he described as “a gigantic chip fab” for manufacturing artificial intelligence semiconductors.

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