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International Business Times UK
International Business Times UK
Corazon Victorino

Tesla Defies Recession Fears with AI Chip Terafab Plan as Cybercab Setback Tests Resilience

Tesla Inc. Elon Musk Cybercab Terafab Recession LG Energy Solution LG Energy Supply chain
Tesla's 'Cybercab' on display as the company expands into AI chip production and secures battery supply. (Credit: Screenshot from YouTube)

Tesla is showing it can steady itself even as economic uncertainty lingers, with investors pushing its stock up by 2 percent in Monday afternoon trading. The rise followed a post from chief executive Elon Musk on X, where he hinted at a new semiconductor push known as the Terafab Project, aimed at cutting reliance on outside suppliers.

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