When Tesla (TSLA) reports earnings on Wednesday, it will update investors on the myriad businesses bringing in revenue to the company. But investors will also be hoping for an update on one of Tesla's biggest future expenses: the Terafab.
The joint project with Elon Musk's other company, **** e Exploration Technologies (SPCX), known as **** eX, was announced in March and pitched as an effort to build the largest semiconductor factory in the world. Initial filings already estimate the Terafab could cost up to $119 billion.
Despite some initial progress, the project is still far from being a reality.
"Until Terafab demonstrates competitive yields and volume production, it should be viewed as a highly ambitious supply-chain project rather than an established cost advantage," wrote Bill Birmingham, Managing Director at REX Shares, in an email response.
S&P 500 Regains 50-Day As AI Plays Lead; Google, Tesla Loom
#terafab #project #tesla #company
The joint project with Elon Musk's other company, **** e Exploration Technologies (SPCX), known as **** eX, was announced in March and pitched as an effort to build the largest semiconductor factory in the world. Initial filings already estimate the Terafab could cost up to $119 billion.
Despite some initial progress, the project is still far from being a reality.
"Until Terafab demonstrates competitive yields and volume production, it should be viewed as a highly ambitious supply-chain project rather than an established cost advantage," wrote Bill Birmingham, Managing Director at REX Shares, in an email response.
S&P 500 Regains 50-Day As AI Plays Lead; Google, Tesla Loom
#terafab #project #tesla #company
5 days ago
