"Tesla Cold Fusion (TM) will be powering all of our vehicles by 2031."

Semiconductor fabs are the polar opposite. The hungriest, smartest, and wealthiest interests on the planet are already highly incentivized to produce chips in their own home markets (US, China, Taiwan.) Someone who has no idea what he's doing can beat GM, ULA, or a bunch of dumbass bankers, in many cases on competitive grounds they never cared to defend in the first place, but 2 nm fabs? Yeah, right.

Then there's the fact that Musk has gone out of his way to repel top talent rather than to attract it. He'll have to pay much more for much less. Another ingredient in a surefire recipe for failure in the semiconductor business.