{"id":4777,"date":"2026-05-06T04:37:15","date_gmt":"2026-05-06T04:37:15","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/4777\/"},"modified":"2026-05-06T04:37:15","modified_gmt":"2026-05-06T04:37:15","slug":"us-government-confirms-4-3-billion-battery-deal-between-tesla-tsla-and-lg-energy-solution-reuters-reports","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/4777\/","title":{"rendered":"US Government Confirms $4.3 Billion Battery Deal Between Tesla (TSLA) and LG Energy Solution, Reuters Reports"},"content":{"rendered":"\n

Tesla, Inc. (NASDAQ:TSLA<\/a>) is one of the best long term stocks to invest in according to billionaires<\/a>. Reuters reported on March 16 that the US government announced on Monday a supply agreement between Tesla, Inc. (NASDAQ:TSLA) and South Korea\u2019s LG \u200bEnergy Solution to \u200cbuild a $4.3 billion lithium iron phosphate (LFP) prismatic battery cell manufacturing facility in Lansing, Michigan. The expected production launch is in 2027. The U.S. Department of the \u200bInterior said in a statement that \u201cAmerican-made \u200bcells will power Tesla\u2019s Megapack 3 energy \u200bstorage systems produced in Houston, creating a robust \u2060domestic battery supply chain\u201d.<\/p>\n

\"Tesla, Tesla, Inc. (TSLA) Isn’t Being Targeted By Trump’s Copper Tariffs, Says Jim Cramer <\/p>\n

Reuters further stated that the agreement was a part of a broader statement on deals highlighted by President Donald Trump\u2019s administration from the Indo-Pacific Energy Security Summit.<\/p>\n

In another development, Reuters reported on March 11 that Elon Musk unmasked a joint project between Tesla, Inc. (NASDAQ:TSLA) and his artificial intelligence startup xAI, which he called \u201cMacrohard\u201d or \u201cDigital \u200bOptimus\u201d. Musk stated that it was a system capable \u200cof emulating the functions of software companies, adding that the project pairs xAI\u2019s Grok large language \u200bmodel with a Tesla-developed AI agent \u200bthat processes real-time computer screen video and keyboard and \u2060mouse actions.<\/p>\n

Tesla, Inc. (NASDAQ:TSLA) designs, manufactures, and sells high-performance electric vehicles and energy generation and storage systems. It operates through two segments: energy generation and storage and automotive. However, the company isn\u2019t merely an automotive manufacturer; investors regard it as a technology company due to its other projects, most of which feature AI.<\/p>\n

While we acknowledge the potential of TSLA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/a>.<\/p>\n

READ NEXT: 15 Stocks That Will Make You Rich in 10 Years<\/a> AND 12 Best Stocks That Will Always Grow<\/a>.<\/p>\n

Disclosure: None. Follow Insider Monkey on Google News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Tesla, Inc. (NASDAQ:TSLA) is one of the best long term stocks to invest in according to billionaires. Reuters…\n","protected":false},"author":2,"featured_media":4778,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[1986,315,747,733,4130,2558],"class_list":["post-4777","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lg-energy-solution","tag-inc","tag-lg","tag-lg-energy","tag-lg-energy-solution","tag-storage-systems","tag-tesla"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/4777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=4777"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/4777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/4778"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=4777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=4777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=4777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}