Panasonic To Continue Tesla Partnership Despite Sale Of $3.6 Billion Stake

In 2010 when Panasonic bought 1.4 million Tesla shares, they were valued at only $30 million.

By Sahil Gupta | Updated: 25-Jun-21 03:06 PM IST

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Highlights

Panasonic has sold Tesla shares worth $3.6 billion
Panasonic had initially bought the stake for $30 million
It is planning on diversifying its battery business