Tesla has moved its Semi electric truck into volume production, beyond pilot runs. Alongside Nvidia, Tesla announced a joint US$2.8b investment in Samsung Electro-Mechanics to expand AI chip substrate manufacturing, with the substrates aimed at its autonomous driving systems and Optimus humanoid robot hardware. The article says the deal includes a five-year priority supply of advanced substrates, which supports Tesla's plans for in-house chips and AI. However, Tesla's Q3 2026 net income of US$787 million was down from US$1.37b a year earlier, and the article says analysts' concerns about margin pressure and high capex are likely to grow with this new spending.
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TSLAelectric vehiclesNvidiasemiconductorsartificial intelligence
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TSLA
▲ Likely positiveTesla, Inc.
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Automobile Manufacturers |
| Market cap | $1.4T |
| Close on 10/23/2026 | 372.21 |
| Change that session | -0.63% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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