Panasonic sells its $3.6B Tesla stake

Re:Panasonic sells its $3.6B Tesla stake by JPKab on Friday June 25, 2021 @12:34PM (#27633040)

I don't disagree with you, but the common retort I hear to this sentiment is that "they aren't a car company, they are a battery/energy storage company that currently sells cars".

What are your thoughts on that sentiment? Just curious to hear from rational investors on that specific item.

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Re:Panasonic sells its $3.6B Tesla stake by hef19898 on Friday June 25, 2021 @12:49PM (#27633277)

Which is a funny idea, since the batteries are coming from Panasonic.

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Re:Panasonic sells its $3.6B Tesla stake by TX0098812 on Friday June 25, 2021 @02:03PM (#27634250)

Afaik only some of them are from Panasonic.

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Re:Panasonic sells its $3.6B Tesla stake by deelowe on Friday June 25, 2021 @05:32PM (#27636531)

s/some/most

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Re:Panasonic sells its $3.6B Tesla stake by TX0098812 on Friday June 25, 2021 @05:33PM (#27636544)

They're also building battery factories.

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Re:Panasonic sells its $3.6B Tesla stake by deelowe on Friday June 25, 2021 @09:32PM (#27638217)

So are tons of other companies. The largest battery plant in the southeast just went up near me. It’s not built by Tesla.

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