Tesla has entered into a massive $16.5 billion contract with Samsung for its next generation AI6 chips, according to a regulatory filing by the South Korean firm and confirmation from Tesla CEO Elon Musk. The Chips will be manufactured in Texas according to Musk.
CNBC reports that Tesla has signed a $16.5 billion contract with Samsung Electronics for the supply of advanced semiconductors. The deal, which was initially disclosed in a regulatory filing by Samsung without naming the counterparty, was later confirmed by Tesla CEO Elon Musk on social media platform X.
According to the filing, the contract’s effective start date is July 26, 2025…
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