Tesla, Inc. (TSLA) Sourcing $2.9B Solar Equipment in China amid Burgeoning AI Energy Opportunity

Tesla Inc. (NASDAQ:TSLA) is one of the tech stocks to sell right now, according to Cathie Wood. ARK Investment Management’s Q3 2025 stake in Tesla Inc. (NASDAQ:TSLA) stood at 3.59 million shares worth $1.6 billion, but by Q4 it had pared back 19%, leaving 2.91 million shares valued at $1.31 billion.

Tesla, Inc. (TSLA) Sourcing $2.9B Solar Equipment in China amid Burgeoning AI Energy Opportunity

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On March 19, Reuters reported that Tesla Inc. (NASDAQ: TSLA) is in talks to acquire solar equipment worth $2.9 billion from Chinese firms. The company has already held discussions with a Chinese supplier as it looks to purchase equipment for manufacturing solar panels and cells.

Reuters reports Tesla has contacted Suzhou Maxwell Technologies, the world’s biggest producer of screen-printing equipment. It is one of the leading suppliers of machinery used to make solar cells. The tech giant has also visited several solar companies in China as it seeks to secure crucial supplies before the autumn.

Chief Executive Officer Elon Musk has set out to add 100 gigawatts of solar capacity in the US. The push comes on the heels of the billionaire investor reiterating that solar power could meet all of the US’s electricity needs. The push for solar energy also comes amid growing demand for clean energy to power data centers amid the artificial intelligence boom.

Tesla, Inc. (NASDAQ:TSLA) is a sustainable energy company that designs, manufactures, and sells electric vehicles (EVs), energy generation and storage systems, and related services.

While we acknowledge the risk and potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TSLA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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