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Tesla Reaches New Deal with Panasonic

Musk hints at higher kW superchargers coming soon.

by on Dec.28, 2016

Tesla owners can now be charged an "idling fee" if they leave their vehicle in a charging stall after its fully charged.

As Tesla charges ahead with construction of its Gigafactory in the Nevada desert, it got a bit of welcome news: Panasonic Corp. is investing $256 million into its production facility.

However, it’s the plant in Buffalo, New York, where Tesla makes photovoltaic cells and modules, not the Gigafactory. The investment isn’t much of a surprise really as the two companies have been partners for years, including in the factory just outside of Reno.

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In this case, the California-based company is making a long-term purchase commitment from Panasonic as part of the deal, in addition to providing factory space and infrastructure. (more…)