Samsung SDI says discussing supplying Tesla with ESS batteries, nothing decided

Samsung SDI

03/11/2025 23:18

SEOUL, Nov 4 (Reuters) - South Korea's Samsung SDI 006400.KS is discussing supplying ESS (Energy Storage System) batteries to Tesla TSLA.O in an order reported to be worth around 3 trillion won ($2.11 billion) or more, but nothing had been decided, the battery maker said in a regulatory filing on Tuesday.

South Korean newspaper Korea Economic Daily said on Monday that Samsung SDI had reached an agreement to supply Tesla with ESS batteries over three years.

Tesla did not have an immediate comment.

 (Reporting by Joyce Lee and Heekyong Yang
Editing by Ed Davies)

 ((joyce.lee@tr.com))