Elon Musk confirmed Monday that Tesla is the client behind Samsung's recently announced $16.5 billion microchip deal. Samsung will be producing next-generation chips specifically designed for Tesla's electric vehicles and potentially other applications. This partnership signifies a major investment in advanced semiconductor technology for Tesla, aiming to enhance performance and efficiency. The deal underscores the increasing importance of in-house chip development for automotive manufacturers as they push for greater autonomy and technological innovation in their vehicles.