Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Tesla signs $2.1 bn battery deal with Samsung amid trade strain
short by / on Tuesday, 4 November, 2025
Tesla has signed a $2.1 billion, three-year battery supply deal with Samsung SDI for its Megapack and Powerwall systems, marking its first major partnership with the Korean firm. The move aims to reduce dependence on Chinese suppliers CATL and BYD. Samsung will retool its Indiana plant to make energy-storage batteries, aligning with Tesla US manufacturing focus.
read more at Stocktwits