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> 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
by prklmn 7y 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 7y 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?