Tesla CEO Elon Musk labeled chip equipment manufacturer ASML the greatest company in Europe. Musk stated the firm should be treasured and supported before his scheduled speech at an internal ASML technology conference.
The invitation sparked internal debate among ASML employees regarding Musk’s political views. Musk intends to present his Terafab initiative to create large-scale chip manufacturing plants for Tesla and SpaceX.
ASML maintains a near-monopoly on critical lithography equipment necessary for the Terafab venture. An ASML spokesperson confirmed the invitation relates specifically to the relevance of the Terafab project.