Elon Musk says Tesla and Samsung have signed a $16.5 billion chip deal

  • Posted on July 28, 2025
  • By CNN
  • 4 Views
Elon Musk says Tesla and Samsung have signed a $16.5 billion chip deal

Tesla CEO Elon Musk said the U.S. automaker had signed a $16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant’s loss-making contract manufacturing business.
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