Tesla, Samsung
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Elon Musk said Samsung "agreed to allow Tesla to assist in maximizing manufacturing efficiency" at its chip plant. He will "walk the line personally."
Electric vehicle costs in the US could drop by $6,000 or more. Ford, GM, and Tesla have all invested heavily in LFP battery production in the US, partnering with LG, Samsung, and in the case of Ford, using tech from Chinese battery giant CATL. Stellantis has also partnered with CATL to build an LFP factory in Spain.
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