Panasonic hesitant about investing in Musk's huge Tesla battery factory

Mar 28, 2014

Panasonic hesitant about investing in Musk's huge Tesla battery factory

Panasonic Corp., Tesla Motors Inc.’s primary supplier of lithium-ion battery cells for its electric Model S sedans, has not committed to investing in a massive U.S. battery plant proposed by Tesla’s Elon Musk. Joining Tesla’s “Gigafactory” battery project would raise investment risks, Panasonic President ...