Tesla to buy $4.3 billion of LG Energy battery cells
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Tesla signs 4.3 billion dollar deal with LG to produce batteries for energy storage systems and expand Megapack deployments.
As its car sales stall, Tesla (TSLA) is expanding its growing energy storage business. At an event in Nevada Monday night, Tesla announced two new products, a Megapack 3 battery pack and a Megablock large-scale energy storage unit. Tesla says the Megapack ...