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Tesla picks LGES, not CATL, for $4.3 billion storage battery deal
The deal also reduces Tesla’s reliance on Chinese suppliers. LGES will produce the LFP cells at its factory in Michigan, says Reuters, and so they will not be subject to the Trump trade war tariffs, unlike Chinese-made cells from CATL.
LG's battery business took a significant hit after Tesla canceled plans to buy its 4680 battery cells amid disappointing ...
Tesla's valuation is excessively high at 177x FWD P/E, relying on future tech dreams rather than current fundamentals. See ...
Tesla Inc.’s (NASDAQ:TSLA) new $4.3 billion battery agreement with South Korea’s LG Energy Solution is a sweeping gesture ...
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Why Tesla Energy will revolutionize green energy
Due to the high demand for green energy all around the world, energy companies have had to implement the most innovative ...
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'Lot Of Gains' For Current EV Battery Tech Before Solid-State Batteries, Tesla's Top Engineer Says
BYD, China's top EV manufacturer (which also makes its own batteries), made waves this year when it announced vehicles that ...
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🔋 Tesla, GM Lead Battery Revolution as EV Sales Dip—Energy Storage Takes Center Stage
The electric vehicle (EV) industry in the United States is facing serious challenges. The country was once a major player in ...
Tesla is developing an integrated approach to supply chain decarbonization spanning battery production, manufacturing ...
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