Tesla Just Signed a $16.5 Billion Chip Deal
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Elon Musk, Nashville
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When Elon Musk’s highly anticipated Tesla Diner opened its doors in Los Angeles on July 21, it garnered significant media attention, with customers lining up for hours to try chef Eric Greenspan’s pie shakes and classic burgers served in Cybertruck-shaped boxes. This past weekend, however, the lines looked a little different.
Wall Street may be skeptical about Tesla’s upcoming quarters, but CEO Elon Musk made four surprising announcements that could be game-changers — if they prove true.
Tesla's profits plunged 16% over a three-month stretch ending in June. Analysts discuss CEO Elon Musk's role in this dip.
Tesla CEO Elon Musk has launched the company's first Diner & Drive-In in Hollywood, Los Angeles, combining retro Americana with robot servers and synchronized movie screenings. The diner debuted on Santa Monica Boulevard, with hundreds of guests forming lines on opening day.
A woman was injured at Elon Musk’s newly opened Tesla diner in Hollywood when a piece of patio furniture fell on her head, the woman’s husband told TMZ. Valentina, 21, and her husband George—who did not reveal their last name—were dining on the rooftop patio and had just received their food when an outdoor patio covering came loose and “brutally” struck Valentina in the head.
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.
Tesla CEO Elon Musk predicted the automaker could sell over 250,000 Cybertrucks a year, but those stratospheric sales have failed to materialize.