Tesla, Panasonic modify expansion plans for gigafactory
https://techcrunch.com/2019/04/11/tesla-panasonic-modify-expansion-plans-for-gigafactory/
Tesla and Panasonic have paused plans to add more battery production lines at Gigafactory 1, its massive factory outside of Reno, Nevada that is a cornerstone to the automaker’s business.
The Nikkei Asian Review initially reported Thursday that Tesla and Panasonic were freezing plans to expand capacity. The partners had planned to increase capacity by 50 percent next year, but financial problems have forced a rethink, Nikkei reported without citing sources. Nikkei also reported that Panasonic was suspending a planned investment in Tesla’s automotive battery and EV plant in Shanghai.