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Tesla and SpaceX to build USD 16.8 billion Terafab chip factory in Grimes County, Texas

On August 6, Tesla and SpaceX announced that the Terafab, advanced chip factory they are jointly developing will be built in Grimes County, Texas, outside of Houston, with an initial investment of USD 16.8 billion, and potential future expansion phases bringing total investment much higher. The facility is expected t....

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