Skip to content
Subscriber Only

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.

Elon Musk, chairman and chief executive officer of Tesla Motors Inc.

Photographer: David Paul Morris/Bloomberg
Updated on

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.”