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119 Tesla Discloses $2 Billion Deal for Unnamed AI Hardware Company

The Information
Theo Wayt @ The Information 2 place · today 11:04 EDT

Tesla Discloses $2 Billion Deal for Unnamed AI Hardware Company

Tesla is acquiring an unnamed AI hardware company for up to $2 billion, the company disclosed in a securities filing on Thursday. The electric automaker is paying for the company in common stock and equity awards, $1.8 billion of which is subject to conditions and milestones “dependent on the ...

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