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Tesla Just Signed a $16.5 Billion Chip Deal

FOX 7 Austin on MSN · 9h

Tesla, Samsung microchip deal good news for Taylor

Tesla CEO Elon Musk announced on Monday that the U.S. automaker will work the South Korean tech giant on a new microchip deal worth $16.5 billion. The move is a shot in the arm for Samsung, which has struggled to get it chip-making project off the ground in Taylor.

Reuters on MSN · 1d

Tesla-Samsung $16.5 billion supply deal may spur chipmaker's US contract business

July 28 (Reuters) - 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.

KVUE on MSN · 16h

Elon Musk announces $16.5B deal between Samsung and Tesla

Musk said the "$16.5 number is just the bare minimum," and the actual input will likely be "several times higher."

7h

Austin is big winner in $16.5B Samsung-Tesla pact

Ultimately, experts said the deal does more for Samsung than Tesla. But the Austin metro is also considered a big winner.

7don MSN

Elon Musk says: Back to working 7 days a week and sleeping in the office if ...

Elon Musk has declared his intention to return to a demanding work schedule, involving seven-day weeks and sleeping at the ...

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