Musk Details Terafab: $3B Giga Texas Fab with Intel 14A Targets 1TW Compute

Tesla CEO Elon Musk outlined Terafab plans, revealing a $3 billion research fab at Giga Texas for prototyping chips via Intel's 14A process to power vehicles, Optimus robots, and AI data centers aiming for 1 terawatt annual compute—double current U.S. capacity of 0.5TW. The update builds on April 22's Intel 14A adoption announcement and April 23's confirmation of Intel as first major customer alongside Q1 2026 earnings beats (EPS $0.41 vs. $0.36 est., revenue $22.39B vs. $22.28B). Intel shares rose 2.8-3.6%, but Tesla dipped slightly due to execution risks and $5-13 trillion full-scale capex estimates.