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Last updated: June 10th, 2016 at 02:04 UTC+02:00
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In a response to his clarification about the previous report, Musk was asked if Samsung SDI might supply batteries for Tesla Energy, to which he simply replied “yes.” For those who are unaware, Tesla Energy is a business unit that sells standalone energy systems for homes and businesses called Powerwall and Powerpack respectively. It has already delivered more than 2,500 Powerwalls and nearly 500 Powerpacks batteries in Europe, North America, Africa, and Asia. So even if Samsung might not supply Tesla with batteries for its cars because the latter has an arrangement with Panasonic, even Musk sees no reason why Samsung SDI battery cells shouldn't make it into Tesla Energy products. This news gave some breathing room to Samsung SDI's shares, they rose by over 4 percent after this report was published online.
Adnan Farooqui is a long-term writer at SamMobile. Based in Pakistan, his interests include technology, finance, Swiss watches and Formula 1. His tendency to write long posts betrays his inclination to being a man of few words.
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