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Tesla LG Battery Deal

B
Benzinga

56 Views • Mar 18, 2026

Description

Tesla signed a $4.3B battery cell deal with LG Energy Solution for its Michigan Megapack facility, formerly a GM-LG joint venture. Tesla's energy segment — up 27% to $12.8B last year — is growing fast as data center demand drives electricity storage needs, even as auto revenue fell 10%.

Keywords & Tags

#Megapack #TechStocks #CleanEnergy #GeneralMotors #EnergyStorage #LGEnergySolution #EVStocks #TeslaStock #BatteryCells #BatteryTech

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