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News

Tesla, LG Energy Solution and Battery Deal

eWeek · 2d
Tesla Reportedly Signs $4.3B Battery Deal to Offset ‘Outsized’ Tariff Impact
According to Reuters, Tesla has signed a $4.3 billion battery supply deal with LG Energy Solution to reduce China reliance and cushion US tariff impact on its energy storage business.
Reuters on MSN · 4d
Exclusive: Tesla signs $4.3 billion LGES battery deal, source says, reducing China reliance
South Korea's LG Energy Solution has signed a $4.3 billion deal to supply Tesla with energy storage system batteries, said a person familiar with the matter, as the U.S. company looks to reduce reliance on Chinese imports due to tariffs.
The Wall Street Journal on MSN · 3d
LG Energy Clinches $4.3 Billion Battery Deal With Tesla
The South Korean battery maker secured a deal to supply Tesla with lithium iron phosphate batteries for three years.
3d
Tesla's $4.3B Battery Pivot Just Shook the Supply Chain--But Investors Didn't Cheer
The move comes as Tesla looks to ease reliance on Chinese battery suppliers and offset the pressure from recent tariffs ...
autoevolution
1d
Tesla's Poor Vehicle Sales Have Blown LGES 4680 Cell Production to Smithereens
LG's battery business took a significant hit after Tesla canceled plans to buy its 4680 battery cells amid disappointing ...

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