Tesla up 17% after Panasonic posts first quarterly profit at battery business

Tesla up 17% after Panasonic posts first quarterly profit at battery business

4 years ago
Anonymous $-riAjkQg_1

https://www.reuters.com/article/us-panasonic-results/tesla-up-17-after-panasonic-posts-first-quarterly-profit-at-battery-business-idUSKBN1ZX0MO

Tesla Inc's stock surged 17% on Monday, taking its rise since early June to over 300%, fueled by a quarterly profit at Panasonic's battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 2024.