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South Korean supplier discloses Tesla contract slashed by 99%, Bloomberg reports

South Korea’s L&F Co., a supplier to Tesla (TSLA), ended up providing a tiny fraction of battery material the automaker ordered roughly three years ago, in part due to problems with the Cybertruck, Bloomberg’s Hyonhee Shin reports, citing a person familiar with the matter. The supplier disclosed that its 3.83T won contract with Tesla had been reduce to just 9.73M won due to a change in supply quantity.

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