Tesla Rumored To Have Struck $400M Camera Deal With Samsung For Cybertruck

Benzinga2021-07-13

Tesla Inc TSLA is rumored to have signed a $400 billion deal with South Korea’s Samsung Electro-Mechanics to supply cameras, likely for the highly-anticipated Cybertruck pickup truck launch.

What Happened: The $436 million deal is for a rearview camera for a vehicle that does not have side mirrors and the electric vehicle is equipped with more than eight cameras to enable self-driving, Electrekreportedon Monday, citing Korea Economic Daily.

Teslaplans to launchthe Cybertruck by the end of 2021. The electric truck was first unveiled in November 2019.

Why It Matters: The Cybertruck is a departure from conventional pickup designs and is key to Tesla’s growth in the category. The electric pickup will be powered by Elon Musk-led company’s in-house 4680 batteries and is expected to contribute about 5% of Tesla’s total sales volume a year from its launch.

Price Action: Tesla shares closed 4.38% higher at $685.70 on Monday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Aries_cher
2021-07-13
Aries_cher
Wowwwe
BABAMood
2021-07-13
BABAMood
$800 coming !
- KekeZ:
  will be soon!
AL30
2021-07-13
AL30
Yes ??
Otaku_Hui88
2021-07-13
Otaku_Hui88
So expensive ah? DSLR meh? Haha
MN27
2021-07-13
MN27
Interesting
noobieq0000
2021-07-13
noobieq0000
buy buy buy

Leave a comment

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Rumored To Have Struck $400M Camera Deal With Samsung For Cybertruck\n</h2>\n\n<h4 class=\"meta\">\n\n2021-07-13 15:51 北京时间&nbsp;&nbsp;&nbsp;<strong>Benzinga</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc TSLA is rumored to have signed a $400 billion deal with South Korea’s Samsung Electro-Mechanics to supply cameras, likely for the highly-anticipated Cybertruck pickup truck launch.\nWhat ...</p>\n\n<a href=\"None\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":null,"article_id":"1166170571","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1166170571","pubTimestamp":1626162672,"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"Tesla Inc TSLA is rumored to have signed a $400 billion deal with South Korea’s Samsung Electro-Mech","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"传闻特斯拉已与三星就Cybertruck达成4亿美元的摄像头交易","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Tesla Inc TSLA is rumored to have signed a $400 billion deal with South Korea’s Samsung Electro-Mechanics to supply cameras, likely for the highly-anticipated Cybertruck pickup truck launch.\nWhat Happened: The $436 million deal is for a rearview camera for a vehicle that does not have side mirrors and the electric vehicle is equipped with more than eight cameras to enable self-driving, Electrekreportedon Monday, citing Korea Economic Daily.\nTeslaplans to launchthe Cybertruck by the end of 2021. 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DSLR meh? Haha","listText":"So expensive ah? DSLR meh? Haha","text":"So expensive ah? DSLR meh? Haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142407577","repostId":1166170571,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":142400469,"gmtCreate":1626164948551,"gmtModify":1703754635950,"author":{"id":"3585973860502184","authorId":"3585973860502184","name":"MN27","avatar":"https://static.tigerbbs.com/0a11b544b50a084b6af0533c0b412c51","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3585973860502184","idStr":"3585973860502184"},"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142400469","repostId":1166170571,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":142548756,"gmtCreate":1626164183975,"gmtModify":1703754613425,"author":{"id":"3568101627669658","authorId":"3568101627669658","name":"noobieq0000","avatar":"https://static.tigerbbs.com/68678ecc87ea4fbbf52eaff2e75d698f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3568101627669658","idStr":"3568101627669658"},"htmlText":"buy buy buy","listText":"buy buy buy","text":"buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/142548756","repostId":1166170571,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":67,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1166170571"}