Monday, 23 March, 2026
Elon Musk Announces New SpaceX and Tesla Advanced Chip Factories in Austin
By Isha
Elon Musk has revealed plans for SpaceX and Tesla to construct cutting-edge semiconductor manufacturing facilities in Austin, Texas. This strategic move aims to secure critical supply chains for autonomous driving and aerospace technologies while reducing reliance on external chipmakers. By localizing production, Musk intends to accelerate innovation cycles for Starlink and Tesla’s AI hardware.
Read full story at Economic Times