
Tesla Inc. (NASDAQ:TSLA) was trading flat in the premarket on Wednesday after gapping down to start the trading day on Tuesday, but rising up to close that session flat.
BYD Co (OTC:BYDDY), a Warren Buffett-backed Chinese EV and battery maker, confirmed Wednesday that it will soon begin delivering batteries to Tesla. The LFP battery cells are expected to be used in Model 3 and Model Y vehicles produced at Tesla’s Shanghai facility.