News
Tesla battery supplier LG Chem to double production capacity: report
Tesla battery supplier LG Chem will double its cell production capacity over the next year to keep up with the growing demand for Tesla’s electric vehicles in China, a new report says.
An exclusive report from Reuters states that sources familiar with the matter have talked about strategies moving forward to keep up with increasingly popular all-electric vehicles from Tesla. LG Chem, who supplies cells to Tesla in Shanghai for the production of the Model 3 sedan, stated that it would also ship its increased output from China and Korea to Tesla production facilities in the United States and Germany once they are completed. Tesla currently has a new production facility under construction in Austin, Texas, and in Brandenburg, Germany. Reuters indicated that two people who are familiar with the matter have seen LG Chem signal an increased role in the supply chain of Tesla as it continues to grow its lead in the EV production sector.
Tesla is LG Chem’s primary customer, and the plan to double its cell production capacity comes as Tesla begins to expand its global production processes aggressively. Tesla has been manufacturing vehicles in Shanghai for around a year and announced its intentions to build a European production facility around 13 months ago. Rumors also speculate that another factory could be on the way within the next few years, and India could be the location, but nothing has been confirmed.
LG Chem to double China battery capacity to meet Tesla demand | Reuters $TSLA
— David Tayar (@davidtayar5) December 1, 2020
LG Chem has already added additional production lines to increase the possible production capacity in South Korea this year. The main purpose of the expansion was to meet demand from Tesla’s U.S. plants, the two sources told Reuters. “Tesla simply doesn’t have enough battery cells, so LG Chem is going to more than double China outputs,” the person said.
Tesla sources batteries from Panasonic, LG Chem, and CATL, and CEO Elon Musk stated at the company’s Battery Day event in September that it plans to begin making its own 4680 cells that will be less expensive and more efficient. However, the company will continue to source batteries from suppliers for the time being, but could eventually become a battery supplier on its own as it has plans to open several battery cell production facilities across the globe.
Tesla China signs contract with LG Chem for Model Y production
To keep up with global demand, Tesla will have to source batteries from third-party sources for the time being, and an LG Chem spokesperson said that there is an increased demand for cells. However, he could not elaborate on who was the cause of the expansion in cell production capacity.
“We’re continuing to expand capacity for cylindrical battery cells in response to growing demand from automakers, but we can’t comment on specific customers,” an LG Chem spokesman told Reuters.
LG Chem plans to invest $500 million over the next year to raise the annual production of 2170 cells by 8 GWh. The 2170 cells are used in the Model 3 and Model Y, Tesla’s two mass-market vehicles. Currently, eight production lines are operational at the Nanjing, China plant that LG Chem manufactures its batteries, but it plans to expand its available lines to seventeen.
Tesla currently only manufactures the Model 3 at its Chinese production facility, but it plans to begin building the Model Y within the next few months. Because of the overwhelming demand for both the Model 3 and Model Y, the move to expand 2170 cell capacity is a no-brainer, especially considering the Government-offered subsidies that China provides for clean energy vehicles.
The person who spoke with Reuters also indicated that LG Chem’s Chinese factory would initially supply battery cells for Tesla’s Giga Berlin production facility in Germany when it begins production in Summer 2021.
Elon Musk
California city weighs banning Elon Musk companies like Tesla and SpaceX
A resolution draft titled, “Resolution Ending Engagement With Elon Musk-Controlled Companies and To Encourage CalPERS To Divest Stock In These Companies,” alleges that Musk “has engaged in business practices that are alleged to include violations of labor laws, environmental regulations, workplace safety standards, and regulatory noncompliance.”
A California City Council is planning to weigh whether it would adopt a resolution that would place a ban on its engagement with Elon Musk companies, like Tesla and SpaceX.
The City of Davis, California, will have its City Council weigh a new proposal that would adopt a resolution “to divest from companies owned and/or controlled by Elon Musk.”
This would include a divestment proposal to encourage CalPERS, the California Public Employees Retirement System, to divest from stock in any Musk company.
A resolution draft titled, “Resolution Ending Engagement With Elon Musk-Controlled Companies and To Encourage CalPERS To Divest Stock In These Companies,” alleges that Musk “has engaged in business practices that are alleged to include violations of labor laws, environmental regulations, workplace safety standards, and regulatory noncompliance.”
It claims that Musk “has used his influence and corporate platforms to promote political ideologies and activities that threaten democratic norms and institutions, including campaign finance activities that raise ethical and legal concerns.”
If adopted, Davis would bar the city from entering into any new contracts or purchasing agreements with any company owned or controlled by Elon Musk. It also says it will not consider utilizing Tesla Robotaxis.
Hotel owner tears down Tesla chargers in frustration over Musk’s politics
A staff report on the proposal claims there is “no immediate budgetary impact.” However, a move like this would only impact its residents, especially with Tesla, as the Supercharger Network is open to all electric vehicle manufacturers. It is also extremely reliable and widespread.
Regarding the divestment request to CalPERS, it would not be surprising to see the firm make the move. Although it voted against Musk’s compensation package last year, the firm has no issue continuing to make money off of Tesla’s performance on Wall Street.
The decision to avoid Musk companies will be considered this evening at the City Council meeting.
The report comes from Davis Vanguard.
It is no secret that Musk’s political involvement, especially during the most recent Presidential Election, ruffled some feathers. Other cities considered similar options, like the City of Baltimore, which “decided to go in another direction” after awarding Tesla a $5 million contract for a fleet of EVs for city employees.
News
Tesla launches new Model 3 financing deal with awesome savings
Tesla is now offering a 0.99% APR financing option for all new Model 3 orders in the United States, and it applies to all loan terms of up to 72 months.
Tesla has launched a new Model 3 financing deal in the United States that brings awesome savings. The deal looks to move more of the company’s mass-market sedan as it is the second-most popular vehicle Tesla offers, behind its sibling, the Model Y.
Tesla is now offering a 0.99% APR financing option for all new Model 3 orders in the United States, and it applies to all loan terms of up to 72 months.
It includes three Model 3 configurations, including the Model 3 Performance. The rate applies to:
- Model 3 Premium Rear-Wheel-Drive
- Model 3 Premium All-Wheel-Drive
- Model 3 Performance
The previous APR offer was 2.99%.
NEWS: Tesla has introduced 0.99% APR financing for all new Model 3 orders in the U.S. (applies to loan terms of up to 72 months).
This includes:
• Model 3 RWD
• Model 3 Premium RWD
• Model 3 Premium AWD
• Model 3 PerformanceTesla was previously offering 2.99% APR. pic.twitter.com/A1ZS25C9gM
— Sawyer Merritt (@SawyerMerritt) February 15, 2026
Tesla routinely utilizes low-interest offers to help move vehicles, especially as the rates can help get people to payments that are more comfortable with their monthly budgets. Along with other savings, like those on maintenance and gas, this is another way Tesla pushes savings to customers.
The company had offered a similar program in China on the Model 3 and Model Y vehicles, but it had ended on January 31.
The Model 3 was the second-best-selling electric vehicle in the United States in 2025, trailing only the Model Y. According to automotive data provided by Cox, Tesla sold 192,440 units last year of the all-electric sedan. The Model Y sold 357,528 units.
News
Tesla hasn’t adopted Apple CarPlay yet for this shocking reason
Many Apple and iPhone users have wanted the addition, especially to utilize third-party Navigation apps like Waze, which is a popular alternative. Getting apps outside of Tesla’s Navigation to work with its Full Self-Driving suite seems to be a potential issue the company will have to work through as well.
Perhaps one of the most requested features for Tesla vehicles by owners is the addition of Apple CarPlay. It sounds like the company wants to bring the popular UI to its cars, but there are a few bottlenecks preventing it from doing so.
The biggest reason why CarPlay has not made its way to Teslas yet might shock you.
According to Bloomberg‘s Mark Gurman, Tesla is still working on bringing CarPlay to its vehicles. There are two primary reasons why Tesla has not done it quite yet: App compatibility issues and, most importantly, there are incredibly low adoption rates of iOS 26.
Tesla’s Apple CarPlay ambitions are not dead, they’re still in the works
iOS 26 is Apple’s most recent software version, which was released back in September 2025. It introduced a major redesign to the overall operating system, especially its aesthetic, with the rollout of “Liquid Glass.”
However, despite the many changes and updates, Apple users have not been too keen on the iOS 26 update, and the low adoption rates have been a major sticking point for Tesla as it looks to develop a potential alternative for its in-house UI.
It was first rumored that Tesla was planning to bring CarPlay out in its cars late last year. Many Apple and iPhone users have wanted the addition, especially to utilize third-party Navigation apps like Waze, which is a popular alternative. Getting apps outside of Tesla’s Navigation to work with its Full Self-Driving suite seems to be a potential issue the company will have to work through as well.
According to the report, Tesla asked Apple to make some changes to improve compatibility between its software and Apple Maps:
“Tesla asked Apple to make engineering changes to Maps to improve compatibility. The iPhone maker agreed and implemented the adjustments in a bug fix update to iOS 26 and the latest version of CarPlay.”
Gurman also said that there were some issues with turn-by-turn guidance from Tesla’s maps app, and it did not properly sync up with Apple Maps during FSD operation. This is something that needs to be resolved before it is rolled out.
There is no listed launch date, nor has there been any coding revealed that would indicate Apple CarPlay is close to being launched within Tesla vehicles.
California city weighs banning Elon Musk companies like Tesla and SpaceX
Tesla launches new Model 3 financing deal with awesome savings
