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Tesla seeks to build U.S. battery plant with China’s CATL, Bloomberg says
The Fly

Tesla seeks to build U.S. battery plant with China’s CATL, Bloomberg says

Tesla (TSLA) is looking to build a battery plant in the U.S. under what would "likely be a controversial arrangement" with China’s dominant EV battery maker, CATL, sources told Bloomberg’s Gabrielle Coppola, Ed Ludlow and Jennifer Jacobs. Tesla wants to pursue a deal similar to one that Ford Motor (F) announced last month with the battery maker to construct a plant wholly owned by the U.S. automaker, according to the report, which adds that Tesla discussed plans involving Contemporary Amperex Technology Co. Ltd. with the White House in recent days. Reference Link

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