Search results for Terafab
Mobility
Tesla finalises $2 billion AI hardware acquisition, keeps target undisclosed
Tesla has completed a previously undisclosed acquisition of an AI hardware company for $1.95 billion, largely paid in common stock and stock-based compensation. Only $222 million was recognised as acquired intangible assets, while $1.73 billion was set as contingent consideration linked to employee retention and performance milestones. Tesla did not disclose the target’s name or details. It said it would recognise costs for the contingent amount only if achievement becomes probable.
AI & Enterprise
Elon Musk says Tesla must invest in AI as soon as possible
Elon Musk said Tesla should more aggressively increase investment in AI-related facilities and keep the pace even if some funds are used inefficiently. Tesla’s second-quarter capital spending rose 142 percent from a year earlier to $5.8 billion, and its free cash flow posted a $1.1 billion deficit. Management said AI-related spending will rise further, with full-year capital spending expected to exceed $25 billion.
AI & Enterprise
Musk says overlap between Tesla and SpaceX is growing, mentions merger possibility
Elon Musk (일론 머스크) said there is growing overlap between Tesla and SpaceX and did not rule out a possible merger, while stressing there is no official plan. He made the comments during Tesla’s 2026 second-quarter results call. Tesla executives said cooperation has expanded through investments and framework agreements, with joint development focused on Terafab and Digital Optimus. Documents also cite an xAI investment converted into SpaceX shares and purchases of goods and services from Tesla.
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Industry
SpaceX lock-up expiry could release 911.5 million shares ahead of first earnings
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AI & Enterprise
Intel foundry wins first named customer under Lip-Bu Tan to make Fortinet security chip
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AI & Enterprise
Musk warns of memory supply shortage, says AI chip prices surging to unseen levels
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AI & Enterprise
Intel 18A-based new laptop chips face supply shortage reports, testing manufacturing comeback plan
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Mobility
Musk\'s 172.4 trillion won Terafab bet, Japan\'s cardboard drone grabs attention
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Industry
Musk\'s Terafab takes shape as SpaceX eyes up to $119 billion investment
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Industry
Intel shares surge 14 percent on report Apple in chip talks with Intel and Samsung Electronics, hit record high
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AI & Enterprise
Musk says there is no way to secure enough AI chips, making them is the answer
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Industry
TSMC dominance shows cracks, boosting Samsung foundry opportunity
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Mobility
Sony-Honda EV project scrapped as \'Team Japan\' stumbles on financial strain
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Mobility
Elon Musk\'s Terafab hiring push draws attention to pay levels
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Mobility
Tesla to make its own semiconductors for EVs and space
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Mobility
Musk mobilises Tesla, SpaceX and xAI in \'Terafab\' blueprint
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Mobility
Tesla mega AI bet on Terafab revives talk of capital raise
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Industry
Tesla to build Terafab to make its own AI chips despite zero manufacturing experience