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Why GM, Tesla Supplier LG Chem’s Stock Got Hammered In Seoul Today

Why GM, Tesla Supplier LG Chem's Stock Got Hammered In Seoul Today

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South Korean battery supplier LG Chem Ltd, battery supplier to Tesla Inc (NASDAQ: TSLA) and General Motor Co (NYSE: GM) saw its shares trade 11.3% lower on Monday in Seoul. What Happened: The plunge comes after the Detroit-based GM said it is recalling more than 73,000 of its Chevrolet Bolt electric vehicles due to the risk of their batteries catching fire.

...read full article on Benzinga

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