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Elon Musk announces goal to design and test approximately 10 chips annually for Tesla and SpaceX

Stocktwits +1 ·

TSLA Tesla Inc
$382.70 +2.05%
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SPCX +1.25%
  1. 1CEO Elon Musk said he wants Tesla and SpaceX to create and test approximately 10 chip designs per year at TeraFab's Giga Texas research fab.
  2. 2Tesla plans to use Intel's 14A manufacturing process for TeraFab chips.
  3. 3TSLA shares rose 0.6% overnight.

So what's the key point?

Elon Musk stated that Tesla and SpaceX aim to design and test about 10 chips every year. Tesla plans to use Intel's technology, and its stock price rose 0.6%.

Source Stocktwits +1 · View original ↗

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