According to The Korea Economic Daily, the contract between Tesla and LGES is worth $4.3 billion. LGES will begin supplying Tesla with cells next August through until at least the end of July 2030, with provisions to extend the contract if necessary.

South Korea's LG Energy Solution has signed a $4.3 billion deal to supply Tesla with energy storage system batteries, said a person familiar with the matter, as the U.S. company looks to reduce reliance on Chinese imports due to tariffs.

When Elon Musk’s highly anticipated Tesla Diner opened its doors in Los Angeles on July 21, it garnered significant media attention, with customers lining up for hours to try chef Eric Greenspan’s pie shakes and classic burgers served in Cybertruck-shaped boxes. This past weekend, however, the lines looked a little different.