--- title: "Elon Musk: SpaceX and Tesla will build a chip factory in Texas to implement the \"Terafab\" plan" type: "News" locale: "en" url: "https://longbridge.com/en/news/280084195.md" description: "Elon Musk announced that SpaceX and Tesla will build two advanced chip factories in Austin, Texas, implementing the \"Terafab\" plan. This plan aims to address the company's demand for chips, as the current global chip production capacity cannot meet its needs. The new factories will focus on chip production for automobiles, humanoid robots, and space artificial intelligence data centers, with an expected annual computing capacity of one terawatt. A specific timeline has not yet been announced" datetime: "2026-03-23T01:56:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280084195.md) - [en](https://longbridge.com/en/news/280084195.md) - [zh-HK](https://longbridge.com/zh-HK/news/280084195.md) generator: "portal-rs" --- # Elon Musk: SpaceX and Tesla will build a chip factory in Texas to implement the "Terafab" plan According to foreign media reports, American billionaire Elon Musk posted on social platform X that his companies SpaceX and Tesla (TSLA.US) will build two advanced chip factories at their site in Austin, Texas, one for automotive and humanoid robot applications, and the other specifically designed for a space artificial intelligence data center. Musk announced last Saturday (21st) plans to construct "Terafab" in Austin, stating that without building it, they cannot obtain the necessary chips, and noted that the current global chip production capacity can only meet a tiny fraction of the company's future needs. He indicated that "Terafab" will ultimately achieve an annual production capacity of one terawatt, while the total capacity across the United States is currently about half a terawatt. Musk did not disclose a specific timeline for the new plan. In his post, Musk mentioned that "Terafab" will actually consist of two wafer fabs, each producing only one type of chip ### Related Stocks - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [TSL.US](https://longbridge.com/en/quote/TSL.US.md) - [TSLT.US](https://longbridge.com/en/quote/TSLT.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [TESL.US](https://longbridge.com/en/quote/TESL.US.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [TSLG.US](https://longbridge.com/en/quote/TSLG.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [07366.HK](https://longbridge.com/en/quote/07366.HK.md) ## Related News & Research - [Tesla Semi Moves Into Europe & Gets Largest Order To Date](https://longbridge.com/en/news/296704974.md) - [Marshall Financial Group LLC Boosts Holdings in Tesla, Inc. $TSLA](https://longbridge.com/en/news/296461028.md) - [FACTBOX-Biggest recalls by global automakers](https://longbridge.com/en/news/296633694.md) - [Tesla (TSLA) recalls over 2 million cars in China to add driver monitoring](https://longbridge.com/en/news/296628945.md) - [Tesla to fix software for millions of China-made, imported EVs in China](https://longbridge.com/en/news/296606978.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**