164,000 vehicles. That is how many Tesla cars are sitting unsold in lots across the globe — a record the company has never hit before. Three days before the April 22 earnings call, this number is the single most important data point investors need to wrestle with. Read more »
$20 to $25 billion. That is the wager from a company that has never manufactured a single semiconductor. On March 21, 2026, Elon Musk stood at Austin’s historic Seaholm Power Plant and unveiled Terafab — a joint venture between Tesla, SpaceX, and xAI designed to produce AI chips in-house. Read more »
Twenty billion dollars. That’s the opening number Musk put on the table at Austin’s defunct Seaholm Power Plant on March 21, 2026. Standing in a century-old industrial shell, he announced Terafab — a joint semiconductor fabrication facility backed by Tesla, SpaceX, and xAI, targeting 2-nanometer chips and a terawatt of annual compute output. Read more »