Panasonic invests $30 million in Tesla; Agreement with Toyota

摘要

According to Tesla Motors CEO and cofounder Elon Musk, Panasonic has invested $30 million in Tesla. Musk says, "The investment was made through the purchase of Tesla common stock in a private placement at a price of $21.15 per share. The investment builds upon a multi-year collaboration of the two companies to accelerate the market expansion of the EV."rnIn a separate announcement, Tesla has unveiled the Factory where it will build the Model S and future Tesla vehicles. "The former NUMMI factory closed in April 2010. Tesla pur-rnchased the factory in May. The Tesla Factory is the only auto assembly plant in California, and the first facility dedicated exclusively to the mass production of EVs.