Elon Musk announces $20B Terafab chip plant for Austin
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The project is a joint venture between Tesla, SpaceX and xAI, focused on the production of high-volume artificial intelligence chips.
Tesla reports another crash ahead of the expected production launch of its purpose-built robotaxi, Cybercab. Waymo reported four more through mid-February.
Tesla (TSLA) stock gained 0.6% as Musk confirmed the March 21 launch of Terafab chip factory in Austin to meet future Optimus and robotaxi demand.
Tesla appears to be getting closer to deploying Optimus in its factories — and Austin is the next training ground. Tesla told workers during a town hall last week that it plans to begin collecting data to train its humanoid robot at its Austin ...