Elon Musk announces ‘Terrafab’ project, will produce own AI chips to service Tesla, SpaceX’s lofty space computing goals by Live mint | March 23, 2026 12:05 am | Indian Stocks, Market, News Elon Musk announced SpaceX and Tesla will collaborate on a chip manufacturing facility in Austin, Texas, to produce chips for AI, robotics, and data centers, targeting 1 terawatt of computing power per year.