Samsung Electro-Mechanics confirms they are in talks with Tesla over camera module deal

Tesla Model 3 side repeater camera

Samsung Electro-Mechanics confirmed earlier today that the company is in talks with Tesla to supply camera modules to the auto manufacturer.

According to Reuters, Samsung did not confirm the size of the deal or the number of camera modules they could supply.

In June, Samsung Electro-Mechanics was rumoured to have won a multi-billion dollar camera module deal to supply Tesla.

If the deal comes to fruition, Tesla will be receiving the Samsung 4.0 camera modules.

At the time, the deal was reported to be worth somewhere between $3.2 billion to $4 billion.

In a regulatory filing, Samsung Electro-Mechanics confirmed it would continue to work on advancing and diversifying its camera modules.

However, the filing did not provide any additional details.

One has to wonder if this is linked to the news around potential Cybertruck production we told you about earlier today, or if Tesla is looking to secure additional camera modules to support current production.

About Scott Nordlund 1354 Articles
Originally from the West Coast, Scott is an avid writer & EV enthusiast now living in Ottawa. He holds a MA in Political Science and once played professional football in the German Football League. Email scott@driveteslacanada.ca