Panasonic: All Tesla shares sold: Blueyonder acquisition funds
2021/06/28
Panasonic:
-Tesla’s partner, supplying Japanese batteries-
As of the end of March this year, it was revealed that “all of Tesla’s shares were sold for $ 3.61 billion (400 billion yen).”
Kyodo News reported on June 26th.
Blueyonder Acquisition Funds:
Panasonic
The sale price this time,
It will be used for corporate acquisition funds and future investment funds.
Panasonic announced in March this year that it will “acquire US supply chain management software company Blueyonder for $ 7.1 billion.”
Panasonic and Tesla:
Panasonic has been supplying Tesla with cylindrical batteries since 2009.
From the perspective of strengthening cooperation, it has acquired Tesla shares since 2010.
Tesla Valuation:
The valuation of Tesla owned by Panasonic is
As of the end of March last year, it was $ 730 million.
Based on the sale price this time, the market price has increased more than five times in one year.
FT analysis:
Panasonic
“we will reduce our dependence on Tesla this time and start full-scale business investment for the future,” It said.
Tesla Partners:
LG Energy Solutions of South Korea,
China’s Ningde Age New Energy Technology (CATL),
The number of battery partner companies is increasing.
Tesla intends to produce its own batteries to reduce EV production costs.
Chosun Online | Chosun Ilbo
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