4 ms·
Question to anyone more knowledgeable than I am in fiscal or business matters: why did Panasonic invest in a large client? Wasn't it risky? If 2020 had not be
by vharuck 5y ago
Question to anyone more knowledgeable than I am in fiscal or business matters: why did Panasonic invest in a large client? Wasn't it risky? If 2020 had not been kind to Tesla, Panasonic would've been hit twice.
- colinmhayes 5y agoI think it has to do with a battery tech/manufacturing agreement between tesla and Panasonic.
- plorkyeran 5y agoPanasonic made their investment back in 2010. Investing in a (at the time) much smaller partner as part of a business deal is a semi-common thing to do because the smaller company needs more runway to be able to get to the point where they can actually start buying from you.