Exclusive-Tesla in talks with Chinese firms to buy $2.9 billion worth of solar equipment, sources say

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πŸ“… Published: 2026-03-20 02:02 πŸ“° Source: Yahoo πŸ“ Words: 75

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Tesla is looking to buy equipment worth $2.9 billion for manufacturing solar panels and cells from Chinese suppliers including Suzhou Maxwell Technologies, two people familiar with the matter said, as CEO Elon Musk aims to add 100 gigawatts of solar capacity in the United States. Musk said in January that solar power could meet β€Œall of the electricity needs of the United States - including the ever-increasing demand from a growing number of data centres.

πŸ“„ Summary

Tesla is looking to buy equipment worth $2.9 billion for manufacturing solar panels and cells from Chinese suppliers including Suzhou Maxwell Technologies, two people familiar with the matter said, as CEO Elon Musk aims to add 100 gigawatts of solar capacity in the United States. Musk said in January that solar power could meet β€Œall of the electricity needs of the United States - including the ever-increasing demand from a growing number of data centres.

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