Tesla and Samsung’s $16.5 billion supply deal is expected to boost Samsung’s chip contract business in the US, expanding its footprint amid growing demand for electric vehicle components, Reuters reports.
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The U.S. National Highway Traffic Safety Administration has launched an investigation into Tesla’s self-driving technology following a series of reported crashes, raising safety concerns about the automaker’s Autopilot system.
Tesla shares dropped sharply amid rising auto tariffs and concerns over a growing brand crisis, according to the Los Angeles Times. The challenges have sparked investor unease, impacting the electric carmaker’s stock performance.
Tesla has raised alarms over potential retaliatory tariffs in an unsigned letter, highlighting risks to its supply chain and operations. The concern signals growing tensions in trade policy, as reported by the Los Angeles Times.