Requested how lengthy he thought the worldwide chip scarcity would have an effect on automobile manufacturing, Musk stated: “brief time period I believe”.


Musk however thanked Elkann for a support Tesla received between 2017 and 2019 from Comau
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Musk nonetheless thanked Elkann for a help Tesla acquired between 2017 and 2019 from Comau

Tesla Inc CEO Elon Musk stated on Friday that because of new semiconductor crops which might be deliberate or below building, the worldwide chip scarcity that has pummelled the automotive business this yr must be brief time period in nature.

Requested how lengthy he thought the worldwide chip scarcity would have an effect on automobile manufacturing, Musk stated: “brief time period I believe”.

“There’s a whole lot of chip fabrication crops which might be being constructed,” Musk stated throughout a joint session with Stellantis and Ferrari Chairman John Elkann, at Italian Tech Week.

“I believe we can have good capability for offering chips by subsequent yr,” he added.

The 2 automotive business leaders agreed on potential help coming from nuclear energy to cowl for rising world power wants.

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Chairman of Stellantis and Ferrari John Elkann speaks through video convention with Tesla’s founder Elon Musk in the course of the ‘Italian Tech Week’ occasion in Turin, Italy

“I’m shocked by a latest transfer away of some nations kind nuclear power, which is protected,” Musk stated.

However of their dialogue they averted referring to competitors points between prime electrical mobility leaders reminiscent of Tesla and legacy automakers now investing closely to develop their supply of electrified autos.

Musk nonetheless thanked Elkann for a help Tesla acquired between 2017 and 2019 from Comau, the robotic unit of Fiat Chrysler, now a part of Stellantis, throughout what he referred to as “one of the vital painful durations” for his firm, linked to the launch of manufacturing on Mannequin 3.

“John helped me quite a bit in that interval,” Musk stated, including Tesla had come near chapter “half a dozen instances”.

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Stellantis Chief Govt Carlos Tavares has stated the group, shaped by the merger between Fiat Chrysler and France’s PSA, anticipated to attain its European carbon dioxide emission targets this yr with out credit purchased from Tesla.

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