Tesla Sells Its Recently Purchased 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
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Tesla's sale of Wiferion to PULS could indicate a shift in strategy or focus. The retention of the engineering team suggests Tesla may still have plans related to wireless charging.
Tesla's decision to sell Wiferion, a company it recently acquired, is significant. However, the retention of the engineering team suggests that Tesla may still be interested in the wireless charging technology. This could indicate a shift in strategy or focus, but without further information, the impact on Tesla's stock is uncertain.
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