Report: Musk Sought Chip Plants From Intel, TSMC and Micron Before Terafab

A report by South Korean outlet The Elec says Elon Musk tried to buy manufacturing facilities from Intel, TSMC and Micron before moving ahead with Terafab. The source does not specify when those approaches took place or how the companies responded.

According to the report, Musk then turned to partnerships for the project. It also says Terafab’s pace of execution has surprised many suppliers, and that engineers have been given decision-making authority.

Industry observers expect Terafab to begin with production of 100,000 wafers per month before 2030, then scale up to Musk’s stated goal of 1 million wafers per month. These are expectations and a goal reported by the source, not confirmed production figures.