Tesla and Panasonic reportedly freeze spending on $4.5 billion Gigafactory

Tesla and Panasonic reportedly freeze spending on $4.5 billion Gigafactory

5 years ago
Anonymous $fWzGa1uP8i

https://www.cnbc.com/2019/04/11/tesla-and-panasonic-reportedly-freeze-spending-on-4point5b-gigafactory.html

Tesla and Panasonic have paused expansion of the Gigafactory 1, as investors increasingly worry about possibly weakening demand for Tesla cars, the Nikkei Asian Review reported Thursday.

Tesla shares fell 3.5% in premarket trading Thursday morning.

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