In a recent Twitter thread, Elon Musk shared his take on the current issue with the global supply of microchips. The supply has been dropping sharply, and companies are grabbing up as many as they can.
Tesla CEO, carbon footprint fighter and Dogecoin lover Elon Musk believes this is similar to the global population rushing to buy great amounts of toilet paper last year.
Musk tweeted that companies ordering more chips than they need are creating chaos in Tesla's supply chain of chips, with microcontroller chips being the biggest problem. As for the chips shortage, he does not believe it to be a long-term issue.
Tesla is now moving cars from China to Europe and, therefore, is increasing prices to sell them in the U.S.