HomeNewsTechnologyAutoTesla's Elon Musk says open to supplying batteries to other automakers

Tesla's Elon Musk says open to supplying batteries to other automakers

Tesla has previously supplied batteries to Mercedes and Toyota Motor under separate partnership deals. Battery manufacturing is an area that analysts and industry officials say the US electric car maker has a competitive edge compared with legacy automakers.

July 29, 2020 / 12:10 IST
Story continues below Advertisement

Tesla Inc Chief Executive Officer Elon Musk said on Tuesday that the company is open to licensing software and supplying powertrains and batteries.

Tesla has previously supplied batteries to Mercedes and Toyota Motor under separate partnership deals. Battery manufacturing is an area that analysts and industry officials say the US electric car maker has a competitive edge compared with legacy automakers.

Story continues below Advertisement

"Tesla is open to licensing software and supplying powertrains & batteries. We're just trying to accelerate sustainable energy, not crush competitors!" Musk said in message on Twitter.

It was unclear which types of batteries it will supply. Tesla currently runs a battery joint venture with Panasonic Corp and also sources batteries from China's Contemporary Amperex Technology (CATL) and South Korea's LG Chem.