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Tesla-LGES USD 4.3 billion deal confirmed for Michigan plant output

The U.S. Department of the Interior has confirmed Tesla as the customer behind a USD 4.3 billion battery supply agreement that LG Energy Solution disclosed in July 2025 without naming the party involved. The contract is set to begin on August 1, 2027, and run through July 31, 2030. Provisions within the agreement all....

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