SPACEX AND TESLA TERAFAB TARGETS 2028 FOR VOLUME CHIP PRODUCTION , MUSK SAYS

What happened: Elon Musk said the SpaceX and Tesla chip joint venture Terafab aims to reach volume production by the third quarter of 2028, with a first SRAM test chip targeted for roughly May or June of next year in Austin. Key numbers: Volume production target Q3 2028; first test chip around May or June next year; goal of 1 Why it matters: Musk called the dates "very aggressive" and put "big error bars" on them, noting he has a history of missed timelines. He did not directly answer whether SpaceX ordered ASML EUV machines, citing reliance on suppliers to accelerate equipment deliveries. Coverage: 12 outlets in 24h

Elon Musk said the SpaceX and Tesla chip joint venture Terafab aims to reach volume production by the third quarter of 2028, with a first SRAM test chip targeted for roughly May or June of next year in Austin.

Musk called the dates "very aggressive" and put "big error bars" on them, noting he has a history of missed timelines. He did not directly answer whether SpaceX ordered ASML EUV machines, citing reliance on suppliers to accelerate equipment deliveries.