Official Announcement

Elon Musk announces Terafab at the Seaholm Power Plant in Austin, Texas. The project is revealed as a joint venture between Tesla, SpaceX, and xAI with a $20-25 billion investment.

Location Seaholm Power Plant, Austin TX
Investment $20-25 billion

Austin Location Confirmed

Details emerge confirming Austin, Texas as the site for the Terafab facility. The project will be jointly run by Tesla and SpaceX, with xAI as a partner.

Construction Begins

Groundbreaking expected. Check back for updates as the project timeline becomes clearer.

First Chips Produced

Target for initial chip production. Timeline to be announced.