A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Musk’s Battery Plan Boosted From Panasonic Intent Letter – Yahoo Finance

Elon Musk’s plans for a battery plant so big it will cut the cost of lithium-ion cells for Tesla Motors Inc. (TSLA) electric cars by 30 percent are advancing as Panasonic Corp. (6752) signed a letter of intent to join the project.

Musk, Tesla’s chief executive officer and main shareholder, disclosed Panasonic’s growing interest in his “gigafactory” battery plant yesterday in a conference call to discuss first-quarter earnings. The Osaka, Japan-based electronics maker, Tesla’s main supplier of battery cells, expressed hesitancy in March about investing in the factory.



Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.