SK Hynix Labeled “Investment Warning Stock” After Extraordinary 200% Share Surge 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
IBM Nears $11 Billion Deal to Acquire Confluent in Major AI and Data Push 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
South Korea’s Samsung SDI has reportedly reached an agreement with U.S. electric vehicle giant Tesla to supply more than 3 trillion won ($2.11 billion) worth of energy storage system (ESS) batteries over the next three years, according to a report by the Korea Economic Daily. The deal highlights the growing partnership between two major players in the global clean energy and battery industry as demand for sustainable energy storage solutions continues to surge.
The report, citing an unnamed industry source, revealed that Samsung SDI will provide high-performance ESS batteries designed for Tesla’s large-scale energy storage projects. These systems are crucial for stabilizing renewable energy grids and optimizing power supply in electric vehicle charging infrastructure and residential energy solutions. The deal reinforces Samsung SDI’s strategic position as one of the world’s leading battery manufacturers, competing with rivals such as LG Energy Solution, Panasonic, and CATL in the race to dominate the global battery market.
While the reported agreement marks a significant milestone, Samsung SDI stated that “nothing has been decided yet,” suggesting that final details are still under discussion. Tesla, known for its cutting-edge innovations in electric vehicles and renewable energy, has not issued an official comment regarding the reported deal.
If confirmed, the partnership would represent one of the largest ESS battery supply deals in recent years, further strengthening Tesla’s global supply chain for energy products such as the Powerwall and Megapack. With the growing adoption of renewable energy, large-capacity ESS batteries are becoming essential for grid stability and sustainable power storage — areas where both Tesla and Samsung SDI are expanding aggressively.
