Thursday, December 29, 2016 9:20:32 AM
Manufacturing equipment etc up to $1.6b As the Gigafactory is behind
Schedule and only about 30% of what was envisioned I would think Panasonic
investment is also less than envisioned.
Also, Panasonic is not a partner with Tesla in the gigafactory. Read the SEC
Filings if you doubt that. Panasonic has several concessions, performance
Provisions, etc and stands to benefit from the venture even if Tesla doesnt.
Read the initial PR:
"Tesla will prepare, provide, and manage the land, buildings, and utilies"
"Panasonic will manufacture and supply cylindrical lithium ion cells and
Invest in associated equipment ..."
Panasonic has never bought Musk's hype and has protected it's
Interests. I find it interesting that no one wanted to
Partner with Musk on the gigafactory.
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