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Tesla Battery Pivot Sparks ETF Rotation: America In, China Out?
Benzingaยท 2025-07-30 16:10
Tesla Inc.'s TSLA new $4.3 billion battery agreement with South Korea's LG Energy Solution is a sweeping gesture toward reshoring battery making. With the production of lithium iron phosphate (LFP) batteries in Michigan, Tesla is essentially dimming the lights on China's battery behemoths (say hello to CATL and friends), according to a Reuters report. This switch has far-reaching implications for ETFs seeking to capitalize on the global trends in clean energy and manufacturing. Also Read: Trump's $750 Billi ...