This article seems pretty questionable because they combined very different situations together. There's no doubt that car companies have big backlogs from shortages of parts needed for final assembly of vehicles, in large part needing semiconductors. Tesla has mentioned this, rivian is another but legacy auto also sees this. But the article conflates possible oversupply in different market segments like cloud, GPUs seem to be in oversupply too says Nvidia even though that won't help car makers. It's just a terrible article.