Panasonic Reduces Profit Forecast As Investment In Tesla Gigafactory Explodes Ahead Of Model 3

There’s good news and then there’s bad news. Let’s start with the bad…Panasonic has announced that its profit forecast for the year will be reduced. This of course will hurt the battery maker in the short term, but the long-range outlook is promising. The good news…Panasonic’s profits will be reduced… …read more