Tesla to Lease U.S. Facilities for Domestic Solar Cell Production
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Tesla announced it is exploring the leasing of manufacturing sites within the United States to accelerate the domestic production of solar cells, aiming to reduce supply chain risks and enhance energy independence. The company plans to finalize potential locations by April 2026, with a projected start of production in the second half of 2026. The initiative follows the pending completion of its acquisition of Sunrun, which is expected to close in Q3 2026, and is part of Tesla’s broader strategy to expand its renewable energy offerings. Financial terms of the proposed facility leases have not been disclosed.
EditorTan Wei Jie