Tesla, Panasonic reach ‘Gigafactory’ Deal

MARKET PULSE ArchivesJuly 28, 2014, 2:26 p.m. EDTTesla, Panasonic reach ‘gigafactory’ deal: reports SAN FRANCISCO (MarketWatch) — Tesla Motors Inc. TSLA -0.08% and Japan’s Panasonic Corp. JP:6752 -0.04% have reached a deal for Panasonic to invest in Tesla’s ‘gigafactory,’ according to reports Monday citing Japan’s Nikkei. Panasonic would invest about $200 million to $300 million in the factory, and an official announcement is…

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