Also, the Texas storms caused hard power cuts to multiple chip factories, erasing, in the best case, a full month of chip production as they slowly restart the

Also, the Texas storms caused hard power cuts to multiple chip factories, erasing, in the best case, a full month of chip production as they slowly restart the factories [1]. These chips are, btw, generally built on such old tech that Intel is refusing to fab them [2]. So I would have thought a chip was a chip, but apparently car chips can only be sourced from a handful of specific fabs. Car manufacturers are clearly going to start building huge inventories of them though: > “Because of a 50-cent chip, we are unable to build a car that sells for $50,000,” said Murat Aksel, head of procurement for Volkswagen Group, during a press briefing in Munich last week. [2] Ouch. Though honestly, this probably ought to result in some execs being fired... If you sell 100k cars a quarter, imagine telling the board that you saved the interest on $200k and the rent on a small room and that's why you're not selling a vehicle. [1] https://www.reuters.com/business/autos-transportation/texan-chipmakers-face-slow-recovery-power-crisis-shortage-looms-2021-03-02/ https://www.reuters.com/business/autos-transportation/texan-... [2] https://fortune.com/2021/09/17/chip-makers-carmakers-time-get-out-semiconductor-stone-age/ https://fortune.com/2021/09/17/chip-makers-carmakers-time-ge...