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Tesla CEO Musk revealed that Micron Technology (MU.O) recently provided Tesla (TSLA.O) with a "large amount" of storage chips to meet the increasing demand for this increasingly scarce material by the car manufacturer. Musk said that in the background of storage chips being in short supply and high prices, the terms of the deal in which Micron provided these chips to Tesla were very reasonable. In the long term, Musk is working towards self-producing semiconductors. The billionaire has initiated a grand plan called "Terafab" aimed at producing computing chips and storage chips on an unprecedented scale. Currently, Tesla still relies on Micron. Data shows that Tesla and SpaceX are not among the top ten customers of Micron.