Suppose $E$ is a vector bundle and $L_1, L_2$ are line bundles on a scheme $X$, such that $$E \otimes L_1 \cong E \otimes L_2.$$ Can I conclude $L_1 \cong L_2$?
I know that taking determinants gives me $$\det E \otimes L_1^{\otimes r} \cong \det E \otimes L_2^{\otimes r},$$ where $r$ is the rank of $E$. Since I can cancel line bundles, I certainly get $L_1^{\otimes r} \cong L_2^{\otimes r}$.
Also if $E$ admits a line bundle quotient $E \to L \to 0$, I think I can conclude $L \otimes L_1 \cong L \otimes L_2$, which yields $L_1 \cong L_2$. That is not true, see Sasha's answer for a counter example.
No. Assume, for instance, that $L$ is a line bundle of order 2, i.e., $$ L^2 \cong \mathcal{O}, \qquad L \not\cong \mathcal{O}. $$ Let $E = \mathcal{O} \oplus L$. Then $$ E \otimes \mathcal{O} \cong E \cong E \otimes L, $$ but $L \not\cong \mathcal{O}$.