Elon Musk's Tesla has benefited from a roar successful electrical conveyance sales.
Tesla brag Elon Musk connected Friday said that a planetary semiconductor shortage hitting car firms particularly hard would beryllium flooded soon.
The chip drought is "short term, I think," the billionaire said successful an quality by video astatine Italian Tech Week successful Turin.
"There are a batch of spot fabrication plants that are being built," Musk told the assemblage of startups, concern funds and tech entrepreneurs.
"I deliberation we volition person bully capableness for providing chips by adjacent year. I surely anticipation so, but it appears that way."
A roar successful electrical conveyance income and renewed enactment pursuing the lifting of coronavirus restrictions successful galore advanced economies has boosted request for car parts.
But the auto industry is butting up against different sectors that necessitate ample amounts of semiconductors arsenic inputs, including computing, smartphones and astute devices.
Tesla has truthful acold flooded the spot shortage by switching to antithetic designs and rewriting the applicable software.
In the 2nd quarter, the carmaker delivered a grounds fig of vehicles and topped $1 cardinal of nett net for the archetypal time.
© 2021 AFP
Citation: Elon Musk says spot shortage lone 'short term' (2021, September 24) retrieved 24 September 2021 from https://techxplore.com/news/2021-09-elon-musk-chip-shortage-short.html
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