New semiconductor factories to end global car chip shortage next year – Tesla Musk

Turin, September 24 (Reuters) – Tesla Inc. (TSLA.O) CEO Elon Musk said on Friday that thanks to the planned or under construction new semiconductor factories, the global chip shortage that has hampered the car industry this year should be short-lived. Naturally.

Asked how much global chip shortages would cost the car, Musk said, “I think it’s a short time.”

“There are a lot of chip-making factories under construction,” said Musc, with STLA.MI and RACE.MI chairman John Elkan at Italian Tech Week.

“We will be able to supply chips next year,” he said.

The two leaders of the automotive industry have agreed to support nuclear energy to meet global energy needs.

Stellantis and Ferreri chairman John Elkan speaks at a video conference with Tesla founder Elon Musk on September 24, 2021 in Turin, Italy. REUTERS / Massimo Pinca

“I was recently surprised that some countries were developing nuclear energy,” says Musk.

But in their discussion, they did not mention the competition between high-tech leaders such as Tesla and now investing heavily in electric vehicles to expand their supply.

Musc, however, thanked Tesla for its support between 2017 and 2019, when Fiat Chrysler, now part of Stalinist, described the launch as “one of the most painful times for the company.” On Model 3.

“John has helped me a lot during this time,” says Musk, and Tesla is on the brink of “half a dozen times.”

Stellantis CEO Carlos Tavares, for his part, said the team, formed by a merger between Fiat Chrysler and French PSA, is expected to achieve its European carbon dioxide emissions goals this year without buying Tesla.

By Gilio Piovakakari Report, Written by Nick Kerry, Correction of Louis Heavens

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