Panasonic profit weighed by Tesla costs, but in talks for further investment

Panasonic profit weighed by Tesla costs, but in talks for further investment

6 years ago
Anonymous $yysEBM5EYi

https://www.reuters.com/article/us-panasonic-results/panasonic-profit-weighed-by-tesla-costs-but-in-talks-for-further-investment-idUSKCN1N512A

Japan's Panasonic Corp on Wednesday reported a decline in quarterly profit far beyond what analysts estimated, as costs rose at the battery plant it jointly runs with U.S. electric vehicle maker Tesla Inc.

Panasonic profit weighed by Tesla costs, but in talks for further investment

Oct 31, 2018, 12:18pm UTC
https://www.reuters.com/article/us-panasonic-results/panasonic-profit-weighed-by-tesla-costs-but-in-talks-for-further-investment-idUSKCN1N512A >Japan's Panasonic Corp on Wednesday reported a decline in quarterly profit far beyond what analysts estimated, as costs rose at the battery plant it jointly runs with U.S. electric vehicle maker Tesla Inc.