Main navigation

Elon Musk Compares Panic-Buying of Chips to Toilet Paper Shortage at Epic Scale

Advertisement
Wed, 2/06/2021 - 9:50
Elon Musk Compares Panic-Buying of Chips to Toilet Paper Shortage at Epic Scale
Cover image via U.Today
Read U.TODAY on
Google News

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.

Related

Advertisement

Tesla is now moving cars from China to Europe and, therefore, is increasing prices to sell them in the U.S.

Article image
Image via Twitter

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD