Foxconn says EV sales are so slow it's converting a factory to build AI servers instead

The Register
Aug 4, 2025, 10:31 pm187 pts
Cites low demand and overcapacity for electric cars on the same day Tesla gives Elon Musk $29 billion for similar reasons Taiwanese contract manufacturing giant Foxconn has sold its US electric vehicle factory and will use the land to make AI servers instead.…

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