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US confirms Tesla (TSLA) is buyer in LG’s $4.3B LFP battery deal for Megapack 3

By Electrek · 2026-03-17
US confirms Tesla (TSLA) is buyer in LG’s $4.3B LFP battery deal for Megapack 3
The US government confirmed Tesla is the hidden customer behind LG Energy Solution’s $4.3 billion, three‑year LFP battery contract for its upcoming Megapack 3, cementing Tesla’s push into large‑scale storage and signaling a likely capital raise for its new Terafab plant.

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