04:55 AM EST, 11/07/2025 (MT Newswires) -- Tesla (TSLA) may need to build or buy its own chip factory to produce enough semiconductors to power its future electric vehicles and robots, Chief Executive Elon Musk said Thursday during the company's annual meeting, according to a transcript.

"As far as I can see, the only option is to go build some, like, very big chip fab...otherwise you just tap out at whatever the chip production rate is," he said. "It's got to be at least 100,000 wafer starts per month size fab and maybe that would be one of ten in a complex."

He said, "I think we're probably going to have to build a gigantic chip fab."

Currently, the EV maker buys chips from Taiwan Semiconductor Manufacturing ( TSM ) and Samsung Electronics to produce its custom chip designs, with Intel ( INTC ) also being considered, Reuters reported.