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Panasonic isn't scaling back production. Tesla is the one who refused to approve additional scaling up because Panasonic hasn't been able to reach the promised
by mjamesaustin 8y ago
Panasonic isn't scaling back production. Tesla is the one who refused to approve additional scaling up because Panasonic hasn't been able to reach the promised production rate with their existing capacity.
- prklmn 8y ago> Nikkei said that Panasonic “froze” a decision to put an additional $900 million to $1.35 billion of investment into the Nevada Gigafactory in a bid to “reduce its dependence on the automaker.” Tesla is Panasonic’s biggest customer for electric vehicle batteries, and the Japanese battery maker had already suffered millions in losses due to the slower-than-expected ramp-up of Model 3 production. https://www.theverge.com/2019/4/11/18305976/tesla-panasonic-gigafactory-batteries-model-3 https://www.theverge.com/2019/4/11/18305976/tesla-panasonic-...
- vsl 8y agoYeah parent is saying Tesla denied that Nikkei report. Might be true, might be not, but lying would be very risky for a public company. Remember Bloomberg story about stealth chips in Supermicro servers?