That’s a new supply relationship for Tesla. To date, Elon Musk’s EV maker has relied on internal production, Panasonic, and China’s Contemporary Amperex Technology Co. Ltd., better known as CATL. The latter is the world’s largest maker of lithium-ion batteries.

Tesla Inc (NASDAQ: TSLA) and South Korea’s LG Energy Solution Ltd have inked a $4.3 billion deal for lithium iron phosphate batteries designated for energy storage, Reuters reported Wednesday. According to a source familiar with the matter cited by Reuters,

A blockbuster deal to manufacture Tesla’s artificial-intelligence chips had Samsung stock jumping early Monday.

Tesla Inc. Chief Executive Officer (CEO) Elon Musk said he discussed the details of a recent semiconductor supply deal with Samsung Electronics Co. Chairman Lee Jae-yong. In a response to a user's comment on his X account on Tuesday (U.