A $2.9 billion deal with Tesla and L&F Co. has collapsed into just $7,386 on paper, a 99% plunge that has blown a massive hole in the company’s value and crushing the fortune of the family that own it ...
(Bloomberg/Sangmi Cha) — Samsung Electronics Co.’s surprise $16.5 billion chipmaking deal with Tesla Inc. has breathed new life into a foundry business all but written off by many investors. Its stock ...