(Bloomberg) — Tesla Inc. and Panasonic Corp. plan to end their partnership in producing solar cells for rooftops at a facility in Buffalo, New York, according to people familiar with the matter.Panasonic is withdrawing from the venture as part of the company’s broader recent move to curtail money-losing businesses, one of the people said, asking not to be named because the decision isn’t public. The move comes after the two companies have struggled to ramp up production at the facility, known as Gigafactory New York, said the people. They will continue to produce car batteries together at the original Gigafactory …read more
Source:: Yahoo Finance
