Panasonic sold its entire stake in key battery customer Tesla—worth an estimated $3.6 billion—last fiscal year, Nikkei Asia reported Friday. The move gives Panasonic funds for new strategic investments, such as the $7.1 billion purchase of logistics and supply-chain firm Blue Yonder, the report noted. It's an indication Panasonic could... EV battery supplier Panasonic sells Tesla stake, in pivot to boost its own braintrust
Panasonic sold its entire stake in key battery customer Tesla—worth an estimated $3.6 billion—last fiscal year, Nikkei Asia reported Friday. The move gives Panasonic funds for new strategic investments, such as the $7.1 billion purchase of logistics and supply-chain firm Blue Yonder, the report noted. It's an indication Panasonic could...