tesla ceo elon musksan francisco tesla ceo elon musk has disclosed he is confident that the ongoing chip shortage will be solved by 2022 despite others having reservationsthe pandemic has resulted in an increased demand for many electronics and computers that the supply chain couldnt handle especially the semiconductor industry reports electrekthis microchip shortage in turn affected the automotive industry which has increasingly become a big consumer of microchipsthe autotech website previously released a deepdive report on how the chip shortage is affecting electric vehicle production as several automakers had to halt production until chip supply could catch up advt pat gelsinger ceo of intel recently said that it could take a couple of years for the industry to catch up to the surging demandearlier this year musk confirmed that it is affecting tesla but he believes its not a longterm issuewhen discussing teslas performance this quarter musk said that teslas current biggest challenge is the supply chain issue especially microcontroller chipsat a tech conference in italy musk again commented on the timeline and claimed that it should be fixed by next year with new factories coming uptheres a lot of chip fabrication plants that are being built and i think we will have good capacity by next year musk saidthe ceos outlook is more optimistic than several other industry leaders who see the issue lasting up to 2023 the report saidalso readnew semiconductor plants will end global auto chip shortage next year says teslas muskbut in their dialogue they avoided referring to competition issues between top electric mobility leaders such as tesla and legacy automakers now investing heavily to expand their offer of electrified vehiclessee more details ians published on sep 26 2021 at 0419 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app elon musk chip shortage semiconductors chip shortage impact on auto industry chip supply vehicle production homenewsauto componentsmusk confident chip shortage will be solved by next year report