#MSN News: #Tesla’s #Musk says open to supplying batteries to other automakers


SEOUL (Reuters) – 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 <7203.T> under separate partnership deals. Battery manufacturing is an area that analysts and industry officials say the U.S. electric car maker has a competitive edge compared with legacy automakers.

“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.

Tesla is also planning to build its own battery manufacturing facility at its Fremont, California, plant under its “roadrunner” project.

Read more at: https://www.msn.com/en-ca/money/topstories/tesla-s-musk-says-open-to-supplying-batteries-to-other-automakers/ar-BB17iAKU?ocid=msedgdhp

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