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Tesla says Terafab chip facility will be built in Texas to support Tesla and Space X

2026-08-06·newswire-us-stock-141001
Tesla says Terafab chip facility will be built in Texas to support Tesla and Space X.

Tesla said it and SpaceX need more chips and that Terafab will be built in Grimes County, Texas. Terafab is targeting annual production of more than 1 terawatt of computing capacity. Texas Gov. Abbott announced that SpaceX is expanding in Grimes County.

The first phase of Terafab represents a $16.8 billion capital investment, and SpaceX will build a chip facility in the county.

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Tesla says Terafab chip facility will be built in Texas to support Tesla and Space X

Tesla said it and SpaceX need more chips and that Terafab will be built in Grimes County, Texas. Terafab is targeting annual production of more than 1 terawatt of computing capacity. Texas Gov. Abbott announced that SpaceX is expanding in Grimes County. The first phase of Terafab represents a $16.8 billion capital investment, and SpaceX will build a chip facility in the county.

Tesla said it and SpaceX need more chips and that Terafab will be built in Grimes County, Texas. Terafab is targeting annual production of more than 1 terawatt of computing capacity.

Texas Gov. Abbott announced that SpaceX is expanding in Grimes County. The first phase of Terafab represents a $16.8 billion capital investment, and SpaceX will build a chip facility in the county.

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