tiprankstipranks
Advertisement
Advertisement

Panasonic to postpone EV battery plan amid slow Tesla sales, Nikkei reports

Panasonic (PCRFY) will postpone its plan to bring its new U.S. electric vehicle battery plant to full capacity by March 2027 as Tesla (TSLA) its main customer, is experiencing sluggish sales, Nikkei Asia’s Marie Shimokawa reports. The new target date to reach full production of 30 gigawatt-hours at the Kansas plant is unknown.

Claim 30% Off TipRanks

Forget margin or options. Here's how the pros trade TSLA

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1