Panasonic never "scaled back its investment". They already made the investment to produce 35 GWh but haven't been able to reach this production level yet. They'

Panasonic never "scaled back its investment". They already made the investment to produce 35 GWh but haven't been able to reach this production level yet. They'll invest more later, to reach the new 54 GWh target -- only when they start hitting the 35 GWh mark. Investing too early is unnecessary. >companies had already together invested $4.5 billion in the facility and had been planning to expand the plant’s capacity to the equivalent of 54 gigawatt hours (GWh) a year in 2020 from 35 GWh at present. https://www.reuters.com/article/us-tesla-gigafactory-panasonic/tesla-panasonic-to-seek-productivity-gains-before-new-battery-investments-idUSKCN1RN117 https://www.reuters.com/article/us-tesla-gigafactory-panason... Note that today's 35 GWh capacity was a 2020 goal, so they really are ahead of their objectives: https://www.tesla.com/sites/default/files/blog_attachments/gigafactory.pdf https://www.tesla.com/sites/default/files/blog_attachments/g...