Group 1 - Tesla Inc. has agreed to a $2 billion deal with Samsung SDI to supply energy storage system batteries over the next three years [2][3] - Tesla's Energy Storage business has experienced a 44% growth, generating $3.4 billion in revenue, which accounts for 12% of the company's total revenue [3] - Tesla previously signed a $4.3 billion deal with LG Energy Storage Solutions for LFP batteries for its energy storage systems [4] Group 2 - Redwood Materials, a battery recycling and energy storage startup founded by Tesla co-founder JB Straubel, secured over $350 million in Series E funding, with backing from Nvidia's NVentures [5] - Tesla scores well on Momentum and Quality metrics, with satisfactory Growth but poor Value, and has a favorable price trend in the short, medium, and long term [6]

Core Points - The Department of Energy is proposing significant cuts to federal funding, which could impact various startups and major automakers like Ford, General Motors, and Stellantis [1][2] - The proposed cuts include the cancellation of over $500 million in contracts awarded to more than a dozen startups, in addition to previous cuts of more than $7.5 billion announced by the Trump administration [2][3] Impact on Startups - Startups are expected to face substantial losses, with some awards being critical for their operations. The proposed cuts include new awards that have not been publicly announced yet [5] - Notable startups affected include Brimstone, which was set to receive $189 million for a plant to produce low-carbon materials, and Anovion, which aimed to build a factory for synthetic graphite [6] Impact on Automakers - General Motors could lose at least $500 million in grant money intended for retooling its Lansing Grand River Assembly Plant for electrified vehicle production [4] - Other automakers like Ford, Daimler Trucks North America, and Stellantis are also at risk of losing hundreds of millions in grants [3] Specific Grant Losses - Several building materials companies are on the list for proposed cuts, including CleanFiber and Hempitecture, which could lose $10 million and $8.4 million respectively [11] - TS Conductor, which produces advanced conductors for electric lines, is at risk of losing $28.2 million, which contradicts the administration's goals for energy dominance [12]