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  • I'm Lesley Mapstone with Tesla Motors which trades on the NASDAQ under

  • the symbol TSLA reached an agreement with Panasonic.

  • Panasonic is expanding its supply of automotive grade lithium-ion battery cells to the car

  • company. It will now supply 2 billion battery cells

  • to Tesla. As a point of reference one car requires 7000 cells to power up.

  • That means all of these cells will be used to power around 300 thousand new vehicles

  • over the next four years - including the award winning Model S and the upcoming Model X.

  • The Model X is a performance utility vehicle scheduled for production by the end of next

  • year, that's 2014. This agreement suggests a significant expansion

  • for Tesla. Elon Musk CEO and Co-founder of Tesla said

  • "This expanded agreement is important to Tesla as we continue to increase the pace of production."

  • "We look forward to strengthening our relationship with Panasonic, and I'm confident this partnership

  • will continue to be an integral part of Tesla's success for years to come."

  • The companies have developed a next-generation battery cell that provides the highest energy

  • density and the best performance cells in the market.

  • Panasonic's cylindrical cell is a customized technology made to optimize electric car quality

  • and life. These enhanced cells are then integrated into

  • the Tesla battery pack to enable an approximate range of 265 miles for the Model S.

  • Tesla's goal is to accelerate the world's transition to electric mobility by providing

  • a full range of increasingly affordable electric cars.

  • To date they've delivered over 15 thousand electric vehicles to customers in 37 countries,

  • recently entering the European market, with Asia expected to be next.

  • A customer in China reportedly paid more than 400 thousand dollars for a model S, for the

  • privilege of being the first person in Asia to own one.

  • In California, they are now the third biggest selling luxury car, behind the Mercedes E

  • Class and the BMW 5 Series. Tesla's shares are currently trading at 160

  • dollars. I'm Lesley Mapstone for

  • For more video news, and to view our disclaimer, be sure to visit our website

  • This video is for information purposes only and is not a recommendation to buy or sell

  • any securities. - See more at:

I'm Lesley Mapstone with Tesla Motors which trades on the NASDAQ under


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テスラモーターズ(NASDAQ:TSLA)がパナソニックと合意 (Tesla Motors (NASDAQ: TSLA) Reaches Agreement with Panasonic)

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    Leo に公開 2021 年 01 月 14 日