Tesla Inc. will pay Samsung Electronics Co. at least $16.5 billion to produce chips for its vehicles. Tesla Chief Executive Elon Musk announced the deal today in a series of posts on X. He suggested ...

Elon Musk has confirmed that Tesla has inked a colossal $16.5 billion deal with Samsung Electronics to produce its next-generation AI chips. The long-term agreement, one of Samsung Foundry’s largest ...

Tesla has signed a $16.5 billion deal to get its next-generation chips from Samsung. “Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip,” Elon Musk posted on X ...

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight Today. On July 28, Tesla announced that it had signed a $16.5 billion deal to source chips from Samsung Electronics. While the move ...