'Tesla partner Panasonic weighs supplying EV batteries to Subaru' -Nikkei Asia
Portfolio Pulse from Benzinga Newsdesk
Panasonic, a partner of Tesla, is considering supplying electric vehicle (EV) batteries to Subaru, according to Nikkei Asia. This move could potentially diversify Panasonic's customer base and reduce its dependency on Tesla.

July 27, 2023 | 9:16 pm
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Tesla's battery supplier, Panasonic, is considering supplying batteries to Subaru. This could potentially reduce Panasonic's dependency on Tesla, which may impact Tesla's bargaining power with Panasonic.
If Panasonic starts supplying batteries to Subaru, it could reduce its dependency on Tesla. This could potentially impact Tesla's bargaining power with Panasonic, which may lead to higher costs for Tesla or a need to diversify its own supplier base.
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