Tesla Eyes $2.9 Billion China Equipment Pact for 100 GW US Solar Build-Out
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Tesla's $2.9 Billion China Deal for 100 GW US Solar Capacity
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CNBC TV18•20-03-2026, 13:19
Tesla's $2.9 Billion China Deal for 100 GW US Solar Capacity
•Tesla plans to buy $2.9 billion worth of solar panel and cell manufacturing equipment from Chinese suppliers, including Suzhou Maxwell Technologies.
•The goal is to build 100 gigawatts of solar capacity in the United States by the end of 2028, primarily for Tesla's use and some for SpaceX.
•Key suppliers like Suzhou Maxwell Technologies, Shenzhen S.C New Energy Technology, and Laplace Renewable Energy Technology are involved.
•Some equipment, including screen-printing production lines, will require export approval from Chinese regulators.
•The deal highlights the US's continued reliance on China for manufacturing despite efforts to reduce dependence and tariffs on Chinese solar products.
