Jan. 13 at 4:33 PM
$FRMI Elon Musk: "We'll have the chip shortage now, voltage transformer shortage in a year, followed by electricity shortage."
Elon said this two years ago, and we are now seeing it play out.
Transformer lead times have stretched from weeks to 1-2 years, so grid connection wait times have also jumped to years. Both Goldman Sachs and Morgan Stanley are predicting a power shortage by 2028.
Energy is the AI trade now