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Tesla/Panasonic Press Release 10/11

Discussion in 'News' started by NigelM, Oct 11, 2011.

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  1. NigelM

    NigelM Recovering Member

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    #1 NigelM, Oct 11, 2011
    Last edited: Oct 11, 2011
    • 80,000 vehicles next four years
      More than 6,000 Model S Reservations
      Good news for Tesla margins (=long-term viability)
      Colaboration on next-gen technology


     
  2. tdelta1000

    tdelta1000 Active Member

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    A reaffirmation by Panasonic that Tesla Motors is heading in the right direction with its vision, business model and most of all its technology.
     
  3. AnOutsider

    AnOutsider S532 # XS27

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    When/if the Model S becomes a hit, Panasonic will have companies lining up to buy cells. Hopefully Tesla doesn't get crowded out (as I assume the deal isn't exclusive)
     
  4. tdelta1000

    tdelta1000 Active Member

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    I don't think Telsa will get left behind, TM given them (Panasonic) the opportunity to expand the technology. If a disagreement occurs between the two parties then TM could get left behind.
     
  5. PopSmith

    PopSmith Saving for a Model 3

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    That's true. But considering this is Tesla's third (?) agreement with Panasonic for batteries it would probably take a major disagreement for that to happen.
     
  6. Cobos

    Cobos S60 owner since 2013

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    Not to mention I believe Panasonic has a sizable chunk of Tesla stock. Or was it the other way around?

    Cobos
     
  7. Citizen-T

    Citizen-T Active Member

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    No, you're right. Panasonic has like $20M invested in Tesla.
     
  8. NigelM

    NigelM Recovering Member

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    $30M. See the above press release.
     
  9. Lloyd

    Lloyd Well-Known Member

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    Also Toyota is a large stockholder in Panasonic I believe. It's the circle of (a new auto's) life!
     

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