Elon Musk Has Given a Date for the End of the Chip Crisis

Elon Musk has given a date for the end of the chip crisis. Musk, CEO of Tesla and SpaceX said the chip crisis will end next year.

Elon Musk, CEO of electric vehicle manufacturer Tesla, noted that the chip crisis in the industry will end next year. In addition, Musk emphasized that this crisis is a term problem. Speaking at the Italian technology event, Musk said, "Many chip production facilities are being built, I think we will have a good capacity next year." Musk, on the other hand, did not say which chip factories he was pointing to.

Samsung And Tesla Talked About The Crisis

According to the news of the South Korean newspaper, Tesla is in talks with Samsung to produce the chips for the next generation driverless vehicles based on the 7 nanometer chip production process. Since the beginning of the year, Tesla and Samsung have repeatedly discussed the chip design for Tesla's upcoming Hardware 4 driverless computer, the Korea Economic Daily reported, citing sources with direct knowledge of the matter. The time taken to fulfill the orders of companies that have problems in supplying chips increased to 21 weeks in August. This shows that this shortage is worsening, which is creating problems in automobile production and holding back growth in the electronics industry.