Tesla Strikes $2.1 Billion Battery Deal with Samsung SDI to Power Energy Expansion


Tesla, Inc. reportedly plans to purchase approximately $2.1 billion worth of energy-storage system (ESS) batteries from Samsung SDI Co., Ltd. over the next three years in a strategic supply-agreement that would strengthen Tesla’s energy business.

Source – https://www.reuters.com/business/autos-transportation/tesla-buy-2-bln-ess-batteries-samsung-sdi-over-3-years-newspaper-says-2025-11-03/

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