Samsung May Supply Batteries to Tesla Energy, CEO Musk Says
- Unit provides electricity storage for homes, businesses
- CEO: ‘Tesla working exclusively with Panasonic for Model 3’
Elon Musk, chairman and chief executive officer of Tesla Motors Inc.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Tesla Motors Inc. may get batteries for its energy unit from Samsung SDI Co., Elon Musk, chief executive officer of the electric-car company, said on Twitter.
After reports emerged over the past week that Samsung’s batteries might supply Tesla’s electric vehicles, Musk tweeted that Panasonic Corp., a longtime investor in the youngest publicly held U.S. automaker, will be the exclusive provider of batteries for the upcoming Model 3 small car, as it is for the Model S large sedan and Model X sport utility vehicle. Asked on Wednesday if Samsung might supply Tesla Energy, Musk replied “yes.”