Elon Musk gave Tesla (TSLA) investors a clearer picture of a key supply issue on July 22. He said Micron (MU) recently gave Tesla a "very significant allocation" of memory chips on "reasonable terms," and added that Micron is "making room for Tesla in the years to come."
Musk also said memory prices across the industry are "pretty insane" and were "the biggest price jump in anything I've ever seen." That matters because this looks like more than a short-term fix.
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