16 July 2021

Tesla Signed a $436M Deal with Samsung.

Tesla has made a $436 million deal with Samsung to supply camera modules. The "largest US EV maker" is reported to have struck a deal with Samsung to complete a new car that does not have side mirrors and has eight driving cameras, prompting speculation that this is for Cybertruck.

On July 13, early in the morning, The Korea Economy Daily reported that Samsung signed a $436 million deal to supply top US electric vehicle maker with camera modules for a new model. Although "Tesla" and "Cybertruck" names were not featured in the post, all information provided hinted that the deal was signed with the Californian manufacturer for its new pickup truck.

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