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![Tesla [Image: Reuters]](https://images.moneycontrol.com/static-mcnews/2021/04/Tesla-770x433.jpg?impolicy=website&width=770&height=431 "Tesla [Image: Reuters]")
esla Inc plans to pay in advance for chips to secure its supply of the crucial materials in a move to overcome the global chip shortage, the Financial Times reported on Wednesday, citing people familiar with the matter.
The electric-car maker is also exploring buying a plant as a part of the efforts, according to the report.
Tesla could not immediately be reached for comment.
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