01 Dec 2025

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Home Blog Tesla Inks $4.3 Billion Battery Deal With LG Energy

Tesla Inks $4.3 Billion Battery Deal With LG Energy

codarx

codarx

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Update date: 2025/07/30

Tesla has signed a deal for the supply of $4.3 billion worth of energy storage batteries with South Korean battery major LG Energy Solution, Reuters reported, citing an unnamed source. The Korean company disclosed the news in a securities filing with the Korea Exchange without naming the buyer. The contract’s term is from 2027 to 2030, but it could be extended by seven years. LG Energy also said that “Investors are advised to carefully consider the possibility of changes or termination of the contract when making investment decisions.”…

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