Tesla signs $16.5bn chip deal with Samsung
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Tesla, Inc.'s Q2 earnings disappoint, but a $16.5B Samsung chip deal powers optimism for Robotaxi/Optimus. Discover insights on TSLA stock and its next steps.
A Tesla analyst sees over 25% upside to the current share price based on the discounted future valuations of the company's segments.
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The city of Lewisville, Texas, confirmed a Tesla charging device ignited an "intense" house fire that engulfed a Lexus and the home's upper floors Monday.
Shares in Samsung Electronics eked out small gains on Tuesday, following a sharp rally the previous day after the South Korean technology company clinched a $16.5 billion deal to supply artificial intelligence chips to Tesla .
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Barchart on MSNTesla Stock Outlook: Is Wall Street Bullish or Bearish?Tesla has outshined the broader market over the past year and analysts are sceptical about its future outlook.
Tesla CEO Elon Musk announced that Samsung will supply the Austin automaker's next-generation chips in a $16.5 billion deal at Samsung's Texas facility . "Samsung's giant new Texas fab will be dedicated to making Tesla's next-generation AI6 chip," Musk said in a post on X. "The strategic importance of this is hard to overstate."
Tesla, Inc.'s robotaxi hype falters as tech lags behind rivals. Explore why declining fundamentals and high valuation make TSLA a Strong Sell in today's market.
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