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Tesla and SpaceX will invest $16.8B to start building ‘Terafab’ chip factory in Texas

After months of speculation, the companies formally announced the massive project will happen just north of Houston.

techcrunch.com ·6d ago

We haven't written up this one. TechCrunch has the full story — the link below goes straight to it.

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SpaceX and Tesla plan to initially invest $16.8B to build Terafab in Grimes County, Texas; combined demand from SpaceX and Tesla is forecast to top 1 TW (Reuters) reuters.com
SpaceX and Tesla plan their own natural gas power plants for massive $16.8 billion Texas chip factory techspot.com
SpaceX’s Terafab will rely on natural gas power plants, not Tesla solar panels techcrunch.com
SpaceX spent $295m on Tesla Megapacks in Q2 techinasia.com
SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas channelnewsasia.com

Read the original at techcrunch.com →

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