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Benzinga
Benzinga
Business
Badar Shaikh

Tesla Sales Slump Prompts Panasonic To Delay $4 Billion US Battery Plant Expansion: Report

Beijing,,China-april,14,,2017:,Panasonic,Sign;,Panasonic,Corporation,Is,A

Panasonic Holdings Corp (OTC:PCRFF) (OTC:PCRHY) is delaying its plans to scale up operations at its second plant in the U.S., as customer Tesla Inc. (NASDAQ:TSLA) is grappling with sluggish sales figures.

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