Wednesday, February 21, 2024

Tesla to build US battery plant with help from China supplier: BBG

Tesla (TSLA) aims to construct a new battery plant in Nevada using technology from Chinese battery manufacturer CATL (300750.SZ), Bloomberg reports. While the factory would utilize equipment from CATL, operations and management would remain fully in Tesla’s control. Yahoo Finance Autos Reporter Pras Subramanian breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live
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