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Tesla negotiates $2.9B deal with Chinese firms for solar equipment to boost U.S. clean energy capacity by 2028.
Tesla is in advanced talks with Chinese firms, including Suzhou Maxwell Technologies, to buy $2.9 billion in solar manufacturing equipment, aiming to build up to 100 gigawatts of U.S. solar capacity by 2028.
The equipment, needed for solar panel and cell production, supports Elon Musk’s goal to expand domestic clean energy infrastructure amid surging demand from AI data centers.
Some components require export approval from China, and delivery is expected by autumn.
The deal highlights continued U.S. reliance on Chinese manufacturing despite tariffs on solar products, aided by a tariff exemption for solar equipment since 2024.
Tesla has not confirmed the talks, and no agreement has been finalized.
Tesla negocia un acuerdo de $ 2.9B con empresas chinas para equipos solares para impulsar la capacidad de energía limpia de los Estados Unidos para 2028.