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Panasonic CEO says battery supply relationship with Tesla unaffected by share sale

Panasonic Corp's new CEO on Thursday said the Japanese company's relationship with Tesla as a battery supplier remained strong even after it sold all its shares in the U.S. electric carmaker.

Panasonic CEO says battery supply relationship with Tesla unaffected by share sale

FILE PHOTO: A logo of Panasonic Corp is pictured at the Combined Exhibition of Advanced Technologies at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai/File Photo

TOKYO: Panasonic Corp's new CEO on Thursday said the Japanese company's relationship with Tesla as a battery supplier remained strong even after it sold all its shares in the U.S. electric carmaker.

"The sale has not hurt the relationship with Tesla," Yuki Kusumi said at a press roundtable.

(Reporting by Tim Kelly; Editing by Mark Potter)

Source: Reuters

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