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Tesla is securing even more batteries from LG Chem due to growing demand: report
It appears that battery maker LG Chem Ltd is looking to produce batteries for American electric car maker Tesla at one of its local facilities in South Korea. This strategy, which was related to Reuters by a person familiar with the matter, is reportedly propelled by the increasing demand for Tesla’s products, such as the Model 3 and the Model Y.
That being said, Tesla is reportedly still looking for other battery suppliers, despite its deal with LG Chem. This bodes well for Tesla and its electric vehicles and energy storage systems, both of which are ramping quickly. “Tesla is asking not only LG Chem but other suppliers to increase supplies, as its cars are selling well,” the media outlet’s source stated.
Citing another person who is reportedly familiar with the companies’ plans, Reuters noted that LG Chem is converting some of its production in South Korea to make batteries for Tesla. This is an interesting development, especially since an LG Chem facility in Nanjing, China, already manufactures battery cells for Tesla’s Gigafactory Shanghai.
So far, both Tesla and LG Chem have opted to remain silent on the reports. An LG Chem spokesman declined to comment, while Tesla was not immediately available for comment outside its US business hours.
Provided that the information related by Reuters’ sources is accurate, Tesla seems to be set on producing even higher numbers of vehicles from its Gigafactory Shanghai plant. The facility, after all, is already being supplied by both LG Chem and CATL, with the latter reportedly working with Tesla on the rollout of a million-mile battery cell for the electric car maker’s vehicles.
A deal that would secure a stronger battery supply chain for Gigafactory Shanghai would most definitely be strategic in the long run. This will most certainly play to Tesla’s advantage considering that the China-based electric car factory is preparing to produce the Model Y, which happens to compete in the popular and lucrative crossover segment. The Model Y is expected to dwarf the sales of the Model 3, which suggests that Tesla will need a lot of batteries to support the production ramp of the vehicle.
Quite interestingly, both Tesla and LG Chem are performing well in the markets despite the presence of the coronavirus, which has adversely affected multiple industries worldwide. Following the release of Tesla’s Q2 2020 vehicle production and delivery report on Thursday, TSLA shares rose up 7.95%, reaching new all time highs and ending the day at $1,208.66 per share. LG Chem, for its part, is outperforming the wider market as well, jumping nearly 60% this year compared to the wider market’s 2% drop.

News
U.S. AG Pam Bondi: Tesla Molotov attack suspect facing up to 20 years in prison
The U.S. Attorney General confirmed that a Tesla attacker, who threw Molotov cocktails at a store, is now facing up to 20 years in prison.

It appears that an anti-Tesla activist who is suspected of throwing Molotov cocktails at one of the electric vehicle maker’s stores is now looking at a potentially long prison sentence.
This is, at least, as per United States Attorney General Pam Bondi, who recently shared her insights in a FOX News segment.
Tesla Attacks and Trump Warning
Tesla locations and vehicles have been subjected to numerous attacks as of late, from stores being shot up to vehicles being vandalized and set on fire in suspected arson incidents. In one case, a Tesla store in Salem, Oregon, was attacked with Molotov cocktails.
President Donald Trump has issued a stern warning to people attacking Teslas, stating that he considers such actions as domestic terrorism. While addressing the issue, Trump warned that anyone caught deliberately harming Tesla will be going through “hell.”
Attorney General’s Update
During a recent FOX News segment, US Attorney General Pam Bondi reiterated that anyone targeting others over political beliefs would be caught and punished accordingly. She highlighted that investigations are underway to find out who is behind the violent actions, and she also confirmed that a Tesla attacker, who threw Molotov cocktails at a store, is now facing up to 20 years in prison.
“If you targeted someone, if you went after someone because of their political affiliation, we will be investigating you. We will be looking at you, because that’s the weaponization, and it has to stop. For instance, look what they’re continuing to do to Elon Musk. They are targeting Tesla dealerships, the stations where you charge a Tesla. They’re vandalizing cars. I have already directed an investigation be opened to see how this is being funded. Who is behind this?
“We have people we’re locking up on that. We have someone in jail right now from one of the dealerships. They threw a Molotov cocktail through a dealership. They’re looking at up to 20 years in prison. So, if you’re going to touch a Tesla, go to a dealership, or do anything, you better watch out, because we’re coming after you. And if you’re funding this, we’re coming after you. We’re going to find out who you are,” Bondi stated.
News
SpaceX readies to rescue astronauts from International Space Station

SpaceX is readying to launch the Crew-10 mission this evening, which will bring home U.S. astronauts Butch Wilmore and Suni Williams, who have been stuck on the International Space Station for nine months.
SpaceX is working alongside NASA to bring the two astronauts home, and all systems and weather conditions are looking ideal to launch the mission this evening from the Kennedy Space Center in Florida.
All systems are looking good and weather is exceptional for tonight’s Falcon 9 launch of @NASA‘s Crew-10 to the @Space_Station → https://t.co/VPdhVwQFNJ pic.twitter.com/wZ9LvZAnYn
— SpaceX (@SpaceX) March 14, 2025
Boeing was originally tasked with the rescue mission.
The company sent a Starliner aircraft to the ISS in late September in an effort to bring Williams and Wilmore home. However, malfunctioning thrusters and other issues on the Starliner aircraft prevented NASA from giving the green light to the astronauts to board and come home.
SpaceX was then tasked with bringing the two home, and it appears they will be on their way shortly.
The launch was intended to occur on Wednesday, but a last-minute problem with the rocket’s ground systems forced SpaceX and NASA to delay until at least Friday. Things are looking more ideal for a launch this evening.
The launch is targeted for 7:03 p.m. ET, but another backup opportunity is available tomorrow, March 15, at 6:41 p.m.
SpaceX writes about the Dragon spacecraft that will be used for the mission:
“The Dragon spacecraft supporting this mission previously flew NASA’s Crew-3, Crew-5, and Crew-7 missions to and from the space station. This will be the second flight for the first stage booster supporting this mission, which previously launched the SES 03b mPOWER-e mission. Following stage separation, Falcon 9’s first stage will land on Landing Zone 1 (LZ-1) at Cape Canaveral Space Force Station.”
The mission will not only aim to bring the two astronauts who have been stranded for nine months home, but it will also conduct new research to prepare for human exploration beyond low-Earth orbit.
If Crew-10 launches at the planned time this evening, it will dock to the ISS at 11:30 p.m. ET on Saturday night.
News
Tesla discontinues legacy Model Y in the U.S. for custom order

Tesla has officially wrapped up the ability to order the legacy Model Y in the United States, now only showing the new “Juniper” version and its Launch Series trim in the Online Design Studio.
Tesla launched the new Model Y in the United States in early February, and deliveries of the vehicle have officially started. While other trims of the new-look Model Y are available in other countries, Tesla has not started offering those in the United States quite yet.
However, the legacy Model Y and its several configurations are now no longer available for purchase in the U.S., at least for a custom order. Those who are looking for a deal on the best-selling car in the world for the past two years can still snag whatever is left in inventory.
🚨 BREAKING: Tesla is now only offering the new Model Y in the United States in its online configurator.
The legacy Model Y is still available through inventory, but is no longer being produced for custom orders. pic.twitter.com/4rdA7LKZl1
— TESLARATI (@Teslarati) March 14, 2025
The sunsetting of the legacy Model Y is the closing of a chapter that truly launched Tesla into the stratosphere.
Although the Model 3 found plenty of mainstream success for Tesla in its first few years, the Model Y was the vehicle that really made the company successful. It disrupted the operations of other companies, and, in conjunction with the Model Y, made OEMs take EVs seriously.
The Model Y was the best-selling vehicle in the world in 2023 and 2024. With the improvements to ride comfort, suspension, and cabin noise, along with the various changes to the exterior, Tesla has a chance to continue its run with the Model Y in 2025 — as long as it can ramp production in a timely manner and keep demand up.
The latter does not seem like it will be a huge problem as it is still a high-demand vehicle.
Tesla unveiled the Model Y on March 15, 2019, so its first design was eliminated nearly five years before its initial appearance.
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