Overview
- Samsung SDI confirmed discussions with Tesla on ESS battery supplies, while stressing that no agreement has been finalized.
- South Korean reports cite a three‑year order worth over 3 trillion won (about $2.1 billion) for Megapack and possibly Powerwall, not for Tesla’s vehicles.
- Reuters, citing unnamed sources, reported a prospective volume near 10 GWh per year with production from repurposed lines at Samsung SDI’s Indiana facility.
- Tesla did not comment on the reports, and Samsung SDI shares rose more than 8% after the news.
- The talks align with Tesla’s push to broaden battery sourcing beyond China, following recent moves involving South Korean partners.