Tesla Moves To Take A Stake In LG Battery Division

Tesla is looking to acquire a stake in LG’s upcoming separated battery business, according to a surprising new report.

LG Chem has been rumored to be looking at separating its battery business from its other operations and making them a new publicly-listed entity.

Now The Korea Times, a news outlet based in South Korea like LG, reports that Tesla is interested in acquiring a stake in the upcoming battery company:

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