According to Digitimes, Elon Musk may be reconsidering how much control he keeps over Tesla’s Terafab chip project in Texas, and may let TSMC take a bigger role in building and operating the fab, with talks reportedly set to reopen while equity and investment terms remain under discussion. Last month Musk said Tesla and SpaceX would build and run the fab, with TSMC at most subleasing part of the site. Intel was the first major chipmaker publicly tied to Terafab, but the report does not say what role Intel would play if TSMC takes on a larger one. Musk called volume production at Terafab in the third or fourth quarter of 2028 an “aspiration” and aims to have a test chip working around May or June of next year. TSLA closed 0.87% lower at $399.81 on Friday and rose 0.10% to $400.22 in extended trading.
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TSLATSMCsemiconductorsElon Musk
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Related tickers and likely impact
TSLA
• NeutralTesla, Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.6T |
| Close on 10/30/2026 | 399.81 |
| Change that session | -0.87% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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