Panasonic invests $30 million in Tesla
Panasonic is investing $30 million in Tesla Motors, the US maker of electric sports cars, eyeing expansion in the global market for green vehicles, the companies said Thursday.
Tesla, the start-up electric-car manufacturer that has been embroiled in a public spat with a New York Times reporter over the vehicle's driving range, reported a loss of $75 million for its fourth quarter.