Panasonic unloads entire Tesla stake

Exclusive: Japanese electronics company says relationship "will not change"

20210624N Tesla

Panasonic generated hefty proceeds from the sale of its Tesla holdings.  © Reuters

Nikkei staff writers

OSAKA -- Panasonic sold its entire stake in key battery customer Tesla -- a holding worth around 400 billion yen ($3.6 billion) -- last fiscal year, Nikkei learned Friday.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.