Musk admits he can't make chips, but Terafab targets 10 iterations a year

Speaking at the X Takeover event in Austin, Elon Musk admitted he doesn't know how to make chips, yet his Terafab project aims for 10 chip iterations per year. Analysts doubt Terafab can rival TSMC.

• Musk spoke to over 2,000 Tesla owners and investors on October 11
• Terafab targets 10 chip iterations per year
• Analysts call Terafab's ambitions hard to realize
• TSMC locked in 3–6% wafer price hikes for 2027