Tesla is weathering the global chip shortage by rewriting its vehicle software to support alternative chips, CEO Elon Musk said during an earnings call Monday. The shortage has upended the auto industry at a time of historic demand for new cars, leading to factory shutdowns, longer wait times, and higher prices.
“We were able to substitute alternative chips, and then write the firmware in a matter of weeks,” Musk said. “It’s not just a matter of swapping out a chip; you also have to rewrite the software.”
This approach has helped Tesla maintain high levels of production, delivering over 200,000 vehicles to customers over the course of the last three months, the company said. Tesla generated $11.9 billion in revenue in the quarter,...
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