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Tesla and Samsung signed a $16.5 billion deal where Samsung will produce Tesla's new AI6 chip at its Texas plant, opening in 2026. Elon Musk stated he'll personally oversee the process to accelerate progress, highlighting his 'founder mode' approach. This hands-on management style, popularized by Airbnb's CEO, involves directly engaging in operational details, contrasting with traditional managerial delegation. Musk's commitment underscores the strategic importance of the chip deal for Tesla, while Samsung's stock price rose following the announcement.

Prepared by Christopher Adams and reviewed by editorial team.