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home / news releases / LGCLF - Panasonic LG Chem fall after Tesla Battery Day

LGCLF - Panasonic LG Chem fall after Tesla Battery Day

Lg Chemical Ltd Ord
Panasonic ([[PCRFY]], [[PCRFF]]) says it is studying its course of action for new electric car battery production with Tesla after the EV automaker unveiled ambitious production goals during its Battery Day event last night."We are considering a variety of options, but nothing has been determined at this time... We value our relationship with Tesla and look forward to enhancing our partnership."Tesla outlined a plan to drastically lower battery costs and eventually bring much more production in house. Shares of Panasonic fell 3.74% in Tokyo earlier today. LG Chem (LGCLF) was down 1.41% in Seoul.Read the Tesla Battery Day breakdown

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Panasonic, LG Chem fall after Tesla Battery Day
Stock Information
Company Name: Lg Chemical Ltd Ord
Stock Symbol: LGCLF
Market: OTC
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