00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla is in discussions with several Chinese companies to acquire $2.9 billion in solar
00:08manufacturing equipment, according to Reuters. Suzhou Maxwell Technologies is seeking export
00:13approval from China's Commerce Ministry to supply screen printing equipment. Shenzhen
00:18S.C. New Energy Technology and Laplace Renewable Energy Technology are also potential suppliers.
00:24The equipment requires regulatory approval, with timing and scope unclear. Suppliers have been
00:30asked to deliver equipment by autumn, including shipments to Texas for planned solar capacity
00:35supporting Tesla and SpaceX satellites. The effort aligns with Musk's 100 gigawatt solar goal and
00:41U.S. manufacturing push as Tesla explores expanding its Buffalo facility and building another in New
00:47York. For all things money, visit Benzinga.com.
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