Tesla CEO says may source Samsung battery for energy storage products

on June 10, 2016

ReutersTesla Motors Inc may source batteries from Samsung SDI Co Ltd for its energy systems in homes, companies and utilities, rather than for its electric cars, the U.S. company’s chief executive said on Wednesday.

Shares of Samsung SDI, an affiliate of Samsung Electronics Co Ltd, rebounded 3 percent early Thursday.

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ReutersTesla CEO says may source Samsung battery for energy storage products