Asian suppliers' stocks slip on Tesla's cheaper battery plan

Asian suppliers' stocks slip on Tesla's cheaper battery plan

4 years ago
Anonymous $rxtAWepgzY

https://www.reuters.com/article/us-tesla-batteryday-suppliers-stocks/asian-suppliers-stocks-slip-on-teslas-cheaper-battery-plan-idUSKCN26E00S

Shares of Asian battery suppliers fell on Wednesday after Tesla Inc outlined a plan to halve the cost of its electric vehicle batteries and bring more production of the key auto component in-house.