Tag: Personal Electronics

Panasonic sells its stake in Tesla for nearly $4 billion: report

Panasonic Corp. sold its entire stake in Tesla Inc. last fiscal year, the Japanese business daily Nikkei reported Friday. Panasonic 6752, +4.57%, which builds lithium batteries for Tesla, reportedly sold all of its Tesla shares by the end of March for an estimated $3.88 billion. A Panasonic executive told Nikkei that its business relationship with […]

Read More