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Japan: Panasonic invests US$30m in Tesla

Panasonic Corporation has invested US$30m in California OEM Tesla through the purchase of Tesla common stock in a private placement at a price of US$21.15/share. The Japanese company currently supplies battery cells to Tesla for use in its battery packs and has been named as Tesla’s preferred lithium-ion battery cell Subscribe to Automotive World to … Continued

Panasonic Corporation has invested US$30m in California OEM Tesla through the purchase of Tesla common stock in a private placement at a price of US$21.15/share. The Japanese company currently supplies battery cells to Tesla for use in its battery packs and has been named as Tesla’s preferred lithium-ion battery cell

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https://www.automotiveworld.com/articles/84535-japan-panasonic-invests-us-30m-in-tesla/

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