Panasonic's decision to expand battery production at Tesla's Gigafactory Nevada is a positive sign for the company. The increased production capacity will help meet the growing demand for electric vehicles, which could lead to higher revenues for Panasonic. Additionally, this expansion strengthens the partnership between Panasonic and Tesla, which could lead to further collaboration and growth opportunities.

Tesla will benefit from Panasonic's decision to increase battery production at Gigafactory Nevada. The 30% increase in production capacity will help ensure a steady supply of batteries for Tesla's electric vehicles, which is crucial for meeting the growing demand and maintaining production targets. This development also highlights the strong partnership between Tesla and Panasonic, which could lead to further collaboration and growth opportunities.