Tesla reportedly procured solar equipment worth $2.9 billion from Maxwell and other Chinese companies
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Tesla plans to procure solar equipment worth $2.9 billion from Chinese suppliers including Maxwell, aiming to add 100 gigawatts of solar capacity in the United States. Maxwell is one of the main suppliers and is applying for permission from the Ministry of Commerce of China. The company's stock price had risen nearly 20%, and is currently up about 9%. Musk stated that solar energy can meet all of America's electricity needs
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