Tesla Cuts Ties With German Wireless Charging Startup Wiferion
Portfolio Pulse from Benzinga Neuro
Tesla Inc. has sold the wireless charging company, Wiferion, which it had acquired earlier this year. The Germany-based startup, known for its inductive charging technology for industrial robots and electric vehicles, was sold to power electronic supplier, PULS. Tesla retained Wiferion’s engineering team, selling the operations and manufacturing business to PULS. The reason for this decision remains unclear.
October 12, 2023 | 4:54 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Tesla's sale of Wiferion to PULS could indicate a shift in its strategy towards wireless charging technology.
Tesla's decision to sell Wiferion, a company it had recently acquired, is significant. While the reasons for the sale are unclear, it could indicate a shift in Tesla's strategy towards wireless charging technology. This could potentially impact Tesla's future product offerings and market position.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100