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Tesla-Samsung $16.5 billion supply deal may spur chipmaker's US contract business
Tesla (TSLA.O) has signed a $16.5 billion deal to source chips from Samsung Electronics (005930.KS), a move that could bolster the South Korean tech giant's unprofitable contract business but is unlikely to help Tesla sell more EVs or roll out robotaxis more quickly.
Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics
Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South Korean firm and Tesla CEO Elon Musk ’s posts on X. The memory chipmaker,
From lumbering six-foot machines to nimble back-flipping dogs, robots lorded over China’s most important annual AI conference ...
Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and ...
KYIV - During a pivotal push by Ukraine to retake territory from Russia in late September 2022, Elon Musk gave an order that ...
Cryptopolitan on MSN2d
Tesla investors are losing patience with Musk’s bold claims and slow progressTesla’s bold promises of self-driving cars and robotaxis are colliding with disappointing sales, regulatory roadblocks, and ...
Neuralink labeled itself in April as a “small disadvantaged business” in a federal filing with the U.S. Small Business ...
Barchart on MSN11d
As Elon Musk Opts for ‘Politics Instead of Humanoids’ Jim Cramer Says It’s Hard to ‘Pull the Trigger’ on TSLA StockTesla stock remains under pressure due to Elon Musk’s political activism as well as rising competition from Chinese EV ...
One of the most important moments in the history of social media took place on July 24, 2023, when Twitter was replaced by X.
Speaking to a room of executives, scholars and industrialists, Ford CEO Jim Farley said he believes the United States must ...
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