Company/Division name | Tesla Inc. w/ LG Energy Solutions |
Parent company | Tesla Inc. w/ LG Energy Solutions |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2025 |
Capital investment ($): | 4,300 |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | lithium iron phosphate (LFP) batteries |
What non-domestic negative factors made offshoring less attractive? | Tariffs, Total cost |
What domestic positive factors made reshoring more attractive? | Eco-system synergies |