Panasonic sells Tesla stake for $3.6 billion, may use cash for strategic investments

Panasonic sells Tesla stake for $3.6 billion, may use cash for strategic investments

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-panasonic-tesla/panasonic-sells-tesla-stake-for-3-6-billion-may-use-cash-for-strategic-investments-idUSKCN2E02SG

TOKYO (Reuters) -Panasonic Corp sold its stake in electric car maker Tesla Inc for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday.