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Elon Musk says he'll manufacture chips in Texas
Corporate

Elon Musk says he'll manufacture chips in Texas

CBS News
March 23, 2026
3 min read

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Elon Musk announced plans to manufacture chips in Texas for Tesla vehicles and robots, reducing dependence on foreign suppliers.

AI Summary

Elon Musk announced plans to manufacture chips in Texas for use in Tesla vehicles and robots, marking a shift toward domestic semiconductor production. The move reflects broader industry efforts to reduce dependence on foreign chipmakers and build supply chain resilience following global semiconductor shortages. By producing chips domestically, Musk aims to control costs and secure reliable component supplies for Tesla's manufacturing operations. The announcement aligns with the Trump administration's push to strengthen American semiconductor capacity and reduce reliance on overseas suppliers. Details about timeline, investment levels, and specific chip specifications were not disclosed in Musk's statement.

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