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Benzinga
Benzinga
Business
Badar Shaikh

Elon Musk Said He Would 'Walk The Line Personally' Following $16.5 Billion Samsung Deal, Is this A Return To 'Wartime CEO' Mode?

Elon Musk United States ElonMusk EV Nasdaq Samsung Tesla Inc. X
Rome,,Italy,-,December,16,,2023:,Elon,Musk,,Chief,Executive

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk recently announced he will be closely involved with Samsung Electronics (OTC:SSNLF) manufacturing the EV giant's next-gen AI6 chip following a $16.5 billion deal.

What Happened: Taking to social media platform X, Musk announced the deal with Samsung on Monday. "Samsung's giant new Texas fab will be dedicated to making Tesla's next-generation AI6 chip," Musk said before adding that the deal had significant strategic importance.

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