Tesla Explores Semiconductor Partnerships with Micron and CG Semi to Reduce Reliance on China amid Rising Costs

Tesla, the electric vehicle giant, is currently in talks with Micron and CG Semi to expand its semiconductor supply chain, aiming to decrease its dependence on China in the midst of escalating geopolitical issues and increasing expenses. This move falls in line with Tesla’s overarching plan to collaborate with Indian manufacturers. By forming partnerships with Micron and CG Semi, Tesla aims to secure a stable and diversified supply of semiconductors, crucial components for its vehicles’ advanced technology. This strategic decision not only mitigates risks associated with relying heavily on a single source but also underscores Tesla’s commitment to exploring opportunities in the Indian market. As the automotive industry continues to grapple with semiconductor shortages, Tesla’s proactive approach to bolstering its supply chain could potentially offer a competitive edge. Moreover, by fostering relationships with Indian manufacturers, Tesla signals its interest in tapping into India’s manufacturing capabilities and potentially expanding its presence in the country. With these developments, Tesla is strategically positioning itself to navigate the complexities of the global supply chain landscape while also exploring avenues for growth in the burgeoning Indian market.

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