On November 3, 2025, the Korea Economic Daily released a report stating that South Korea's Samsung SDI has entered into a preliminary agreement with Tesla. Under this agreement, Samsung SDI will supply energy storage system (ESS) batteries valued at over 3 trillion Korean won (roughly equivalent to $2.11 billion) to Tesla over the next three years. This information was sourced from an unnamed individual within the battery industry. Samsung SDI clarified that the specific details of this collaborative effort have yet to be finalized. Meanwhile, Tesla did not promptly respond to requests for comments.
