Tesla has reportedly struck a new $4.3 billion deal with LG Energy Solution (LGES), a major South Korean battery manufacturer. The contract is for the supply of lithium iron phosphate (LFP) batteries, specifically for stationary energy storage systems and not for electric vehicles.

South Korean battery maker LG Energy Solution (LGES) said on Wednesday it had signed a $4.3 billion contract to supply lithium iron phosphate (LFP) batteries over three years globally, without identifying the customer.

LG Energy Solution, a key battery supplier for GM, has reportedly signed a $4.3 billion battery deal to supply lithium iron phosphate batteries to Tesla.

Tesla has signed a $4.3B battery supply deal with LG Energy Solution, shifting energy storage production to the U.S. and reducing reliance on China.

South Korea's LG Energy Solution has signed a $4.3 billion deal to supply Tesla with energy storage system batteries, said a person familiar with the matter, as the U.S. company looks to reduce reliance on Chinese imports due to tariffs.

Tesla is rumored to be behind a large $4 billion lithium-iron phosphate (LFP) battery cell order with Korea’s LG

LG Energy Solution Michigan media] Kim Jung Won, a contractor from South Korea, tragically died around 5pm on the eve

Tesla Inc. has reportedly entered into a $4.3 billion battery supply agreement with LG Energy Solution (LGES).

The company said that details of the agreement such as the deal amount were subject to change and the contract period could be extended by up to seven years.