Report: Panasonic pumps brakes on Tesla Gigafactory expansion plans

Tour of Tesla battery gigafactory for invited owners, Reno, Nevada, July 2016Battery-giant Panasonic put a damper its planned investment of hundreds of millions of dollars to expand Tesla's Gigafactory site in Nevada, raising concerns that slowing investment could slow the pace of progress for EVs. Media reports indicated that Panasonic was reportedly considering investments of up to $1.3 billion for battery production to...