Panasonic plans to raise up to $3.9bn in corporate bonds, partly because it needs to speed up investment in Tesla’s battery plant, the Gigafactory in Nevada. Panasonic is headquartered in Osaka, Japan. The company has been struggling with production delays and a lack of demand for its electric cars.
Panasonic plans to raise up to $3.9bn in corporate bonds, partly because it needs to speed up investment in Tesla’s battery plant, the Gigafactory in Nevada. The company has been struggling with production delays and a lack of demand for its electric cars.