SEOUL: Tesla Chief Executive Officer (CEO) Elon Musk said he discussed the details of a recent semiconductor supply deal with Samsung Electronics Chairman, Lee Jae-yong.
In a response to a user's comment on his X account on Tuesday (U.S. time) that Samsung Electronics "has no idea what they signed up for, " Musk replied, "They do.”
"I had a video call with the chairman and senior leadership of Samsung to go over what a real partnership would be like, " he continued, adding they will "use the strengths of both companies to achieve a great outcome."
Later, when another user commented that "Samsung is definitely the underdog when it comes to chipmaking, " Musk defended the South Korean tech giant, saying: "Both TSMC and Samsung are great companies. It is an honor to work with them."
Shortly after Samsung Electronics announced a 22.8 trillion-won (US$16.5 billion) deal to supply artificial intelligence (AI) chips to an undisclosed customer, Musk revealed that Tesla was the partner behind the contract, reports Yonhap news agency.