Friday, November 8, 2024

Panasonic

Tesla (TSLA) Stock Down 5% amid Panasonic Cutting Battery Production

As a result of all the challenges faced by Tesla, its long-time partner Panasonic is also bearing losses. It has lowered its full-year operating profit forecast for its battery unit to ¥115 billion ($771 million) from ¥135 billion, as...

Panasonic Records Impressive Fiscal Q12024 Profit Surge

Amid the euphoria of a robust first quarter, Panasonic has decided to maintain its full-year profit predictions. Japanese electronics giant, Panasonic Holdings Corp (TYO: 6752) renowned for its diverse product portfolio has recently reported a stellar Q1 profit performance. According...
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