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Panasonic invests $30M in Tesla Motors

Green Car Congress

Panasonic Corporation has invested $30 million in Tesla Motors. The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 Panasonic aims to be the number one Green Innovation Company in the Electronics Industry by 2018, the 100 th anniversary of our founding.

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Panasonic and Tesla expand supply agreement for Li-ion cells; nearly 2 billion through 2017

Green Car Congress

Panasonic Corporation and Tesla Motors have expanded their 2011 supply agreement so that Panasonic will now supply nearly 2 billion automotive-grade lithium-ion battery cells to Tesla through 31 December 2017 at long-term preferential prices. —Tesla Quarterly Report (10Q) for quarter ending 30 June 2013.

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