Musk Speeds Up Supplier Deals for $25B Tesla-SpaceX-xAI Terafab Chip Fab

Elon Musk is accelerating supplier outreach at 'light speed' for the $25 billion Terafab project, a Tesla-SpaceX-xAI joint venture building a 2nm chip fab in Austin targeting massive computing power. It follows Bloomberg's April 16 report of initial contacts with Applied Materials, Lam Research, and Tokyo Electron, plus Intel as a partner and Samsung offering capacity, for the $20-25B facility aiming at 1 terawatt/year. Tesla shares remain volatile—up 11% last week after a 3.5% March jump on the announcement—but face mixed reactions with a Hold consensus and $401.13 target implying 2.3% upside.