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Tesla Inks $4.3 Billion Battery Deal With LG To Cut China Dependence: Report
Tesla has signed a $4.3 billion contract with South Korea’s LG Energy Solution (LGES) to source lithium iron phosphate (LFP) batteries for its energy storage systems, Reuters reported, citing sources. The move comes as the US electric vehicle maker seeks to reduce its reliance on Chinese battery suppliers amid increasing US tariffs.
Tesla boss Elon Musk has backed a comment claiming the electric car manufacturer makes better cars than Ferrari. The leader ...
Billionaire Elon Musk's Tesla outperformed Chinese rivals including BYD, Xiaomi and Huawei in a test of assisted driving ...
Tesla is about to tumble off a familiar policy cliff. The $7,500 federal tax credit that juiced demand for electric vehicles ...
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Elon Musk Is Running Out of Road in China - MSNAs Elon Musk confronts deepening business and political challenges in the U.S., he’s also facing trouble in his other most important market: China. For a while, Tesla was the hottest car on ...
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Despite upbeat sales of the refreshed version of its Model Y SUV, Tesla is still stuck in the mud in its second-largest ...
Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with the country's foreign minister in Beijing, marking his return to the electric carmaker's ...
Elon Musk’s Tesla spent the last couple of years trying to win over China in a bid to conquer the world’s largest car market. Now the company risks upsetting Beijing’s powerful regulators.
Shares in Samsung Electronics came under pressure on Tuesday, following a powerful rally the previous day after the South ...
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