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.