Tesla is planning to buy $2.9 billion of equipment from Chinese suppliers, including Suzhou Maxwell Technologies, to manufacture solar panels and cells. CEO Elon Musk aims to add 100 GW of U.S. solar capacity, a move that scales Tesla's solar manufacturing, should benefit equipment suppliers, and raises supply-chain and geopolitical considerations.
Tesla is planning to buy $2.9 billion of equipment from Chinese suppliers, including Suzhou Maxwell Technologies, to manufacture solar panels and cells. CEO Elon Musk aims to add 100 GW of U.S. solar capacity, a move that scales Tesla's solar manufacturing, should benefit equipment suppliers, and raises supply-chain and geopolitical considerations.
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