Panasonic

Tesla’s U.S. Plant to Get $256M Investment from Panasonic

According to a Reuters report, Panasonic has agreed to invest over $256 million in a U.S. production facility of Tesla Motors to manufacture photovoltaic (PV) cells and modules. The Japanese firm, which has been retreating from low-margin consumer electronics to focus more on automotive components and other businesses targeting corporate clients, will make the investment in Tesla's factory in...