Tesla (TSLA) Stock: $2 Billion Samsung Battery Deal Powers Energy Storage Expansion

TLDR Tesla signed a $2.11 billion deal with Samsung SDI to supply Energy Storage System batteries over three years, as reported by Korea Economic Daily The batteries will be used for Tesla’s ESS products like Megapack and Powerwall, not for electric vehicles Samsung SDI stated nothing has been decided yet, while Tesla has not commented [...]

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