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Report: Tesla might buy stake in LG Chem battery spinoff

1 min read

2020 Tesla Model YTesla has close ties to Panasonic, but the automaker might buy a stake in a spinoff of a rival battery firm, according to a new report. Tesla is looking to acquire a significant piece of LG Energy Solution, soon to be spun off from LG Chem, to procure a stable battery supply, The Korea Times reported Monday. A major automotive battery supplier, LG…

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