
Musk announces $16.5 billion deal with Samsung for Tesla AI chips
In a regulatory filing in South Korea, Samsung announced it has secured a $16.5 billion multi-year deal to make chips for a “big global company.”
In a regulatory filing in South Korea, Samsung announced it has secured a $16.5 billion multi-year deal to make chips for a “big global company.”
The plan includes what amounts to babysitters for the world’s richest man.
The second Trump presidency hasn’t been the boon for former “first buddy” Elon Musk’s Tesla stock investors had hoped, as shares are down more than 30% since Inauguration Day.
The worst year-over-year vehicle delivery decline on record came as Elon Musk fell out of favor with Donald Trump.
“This BFF situation has now turned into a soap opera that remains an overhang on Tesla’s stock,” bemoaned one Wall Street analyst.
After a volatile April for U.S. stocks, a guide to which of the world’s top ten richest came out ahead–and whose fortunes fell.
Musk has called to “kill” Trump’s policy bill, criticizing the legislation as “massive, outrageous” and “pork-filled.”
Though many consumers are opposed to the brand politically, pre-owned Tesla EVs can be had for bargain prices.
Earlier reports suggested Tesla’s board was searching for a successor to Musk, who shot down the claim as “deliberately false.”
Boeing’s deal with Qatar Airways comes as Qatar offered to donate a $400 million 747-8 jumbo jet for President Donald Trump to use as a temporary Air Force One.