Tesla Battery Pivot Sparks ETF Rotation: America In, China Out?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 30 2025
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Source: Benzinga
Tesla's Battery Agreement: Tesla has signed a $4.3 billion battery agreement with LG Energy Solution, focusing on domestic production of lithium iron phosphate batteries in Michigan, which may impact ETFs related to clean energy and manufacturing by enhancing investor confidence in U.S.-made supply chains.
Impact on ETFs: The shift away from Chinese battery suppliers could lead to rebalancing in ETFs, favoring those with U.S. or diversified international exposure while potentially causing volatility for China-focused clean energy ETFs as investors seek to minimize geopolitical risks.
Analyst Views on GRID
Wall Street analysts forecast GRID stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRID is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 159.300
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Current: 159.300
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
