Tesla’s AI Chip Pivot Reshapes Valuation Story For NasdaqGS TSLA

AI summary

Tesla (NasdaqGS:TSLA) has outlined a Terafab semiconductor facility in Texas focused on AI and autonomy chips. The company is working with SpaceX and Intel on advanced chip production to support self-driving and AI workloads. Tesla is raising capital expenditure on AI compute and humanoid robotics while planning to double battery cell capacity at its Berlin factory. Regulators closed a U.S. Model Y steering probe without recall, while China and Europe move through key steps on Full...