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Or they take the $3b and plow it back into R&D and factories so they can serve as suppliers to the other Big Auto companies who are dying for battery suppliers.
by CyanLite2 5y ago
Or they take the $3b and plow it back into R&D and factories so they can serve as suppliers to the other Big Auto companies who are dying for battery suppliers.
Or the most likely case, they're tired of Elon's schtick and they can take their technology elsewhere.
- handmodel 5y agoI think this is the right move for shareholders if their stake becomes big enough and doesn't serve a strategic value. If I own Panasonic stock - but 10% of the value is wrapped up in Tesla's value - what's the point? Its better for everyone if they sell and if I want I can then invest some of my own in Tesla. Unless we see Panasonic as Warren Buffet what's the point?