Elon Musk Says New Crops Will Finish World Auto Chip Scarcity Subsequent Yr


Tesla CEO Elon Musk mentioned on Friday that due to new semiconductor vegetation which can be deliberate or underneath building, the worldwide chip scarcity that has pummelled the automotive business this 12 months ought to be brief time period in nature.

Requested how lengthy he thought the world chip scarcity would have an effect on car manufacturing, Musk mentioned: “brief time period I believe”.

“There’s lots of chip fabrication vegetation which can be being constructed,” Musk mentioned throughout a joint session with Stellantis and Ferrari Chairman John Elkann, at Italian Tech Week.

“I believe we could have good capability for offering chips by subsequent 12 months,” he added.

The 2 automotive business leaders agreed on potential help coming from nuclear energy to cowl for growing world power wants.

“I’m stunned by a current transfer away of some international locations type nuclear power, which is secure,” Musk mentioned.

However of their dialogue they prevented referring to competitors points between high electrical mobility leaders corresponding to Tesla and legacy automakers now investing closely to broaden their supply of electrified autos.

Musk nonetheless thanked Elkann for a help Tesla obtained between 2017 and 2019 from Comau, the robotic unit of Fiat Chrysler, now a part of Stellantis, throughout what he known as “probably the most painful durations” for his firm, linked to the launch of manufacturing on Mannequin 3.

“John helped me so much in that interval,” Musk mentioned, including Tesla had come near chapter “half a dozen occasions”.

Stellantis Chief Govt Carlos Tavares has mentioned the group, fashioned by the merger between Fiat Chrysler and France’s PSA, anticipated to attain its European carbon dioxide emission targets this 12 months with out credit purchased from Tesla.

© Thomson Reuters 2021

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