Tesla obliged to pay $1.7 billion to Panasonic for battery cells

Tesla Motors had an obligation to pay a total of about $1.7 billion to Japan's Panasonic Corp as of September 30 for electric vehicle battery cells made at Tesla's gigafactory in Nevada, the carmaker said in a regulatory filing.

http://ift.tt/2fvN2Lm from The Times of India http://ift.tt/2fdbldm
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