Panasonic annual profit slides, but Tesla battery venture logs second quarterly gain

Panasonic annual profit slides, but Tesla battery venture logs second quarterly gain

5 years ago
Anonymous $-9GJQVHNr8

https://www.reuters.com/article/us-panasonic-results/panasonic-annual-profit-slides-but-tesla-battery-venture-logs-second-quarterly-gain-idUSKBN22U0MF

Japan's Panasonic Corp posted on Monday a 29% drop in annual operating profit amid the coronavirus outbreak but said its battery cells joint venture with major customer Tesla Inc logged a second straight quarterly profit.