Tesla Discloses $2 Billion Deal for Unnamed AI Hardware Company
Tesla disclosed a $2B acquisition of an unnamed AI hardware company via stock and equity awards, with $1.8B contingent on milestones.
Excerpt
<p>Tesla is acquiring an unnamed AI hardware company for up to $2 billion, the company disclosed in a securities filing on Thursday.</p> <p>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 ...</p>
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