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2/26/20

Panasonic pulls out of Tesla solar plant in New York

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TOKYO/LOS ANGELES (Reuters) - Panasonic Corp said it would exit solar cell production at Tesla Inc's New York plant, the latest sign of strain in a partnership where Panasonic's status as the U.S. electric vehicle (EV) maker's exclusive battery supplier is ending. The move increases uncertainty over Tesla's solar business which is already under scrutiny, having been drastically scaled back since the U.S. firm bought it for $2.6 billion in 2016. Tesla has informed New York that Panasonic's wit

Continue reading Panasonic pulls out of Tesla solar plant in New York

Panasonic pulls out of Tesla solar plant in New York originally appeared on Autoblog on Wed, 26 Feb 2020 09:20:00 EST. Please see our terms for use of feeds.

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