Tesla Motors CEO says may source Samsung battery for energy storage products

The source said Tesla planned to initially use Panasonic as the sole supplier for Model 3 and might add Samsung SDI if and when Tesla’s battery plant is unable to meet demand.(Reuters) Tesla 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