in for 33 more shares @ $200... forgot about this limit order ...
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wall streetWhy the raison ?
Or could that be 4680 ramping internally?Panasonic slows battery production amid weaker EV business, but Tesla looks good
Panasonic announced that it is slowing down its battery production amid weaker demand for electric vehicles, but it hints at...electrek.co
25 more for me.in for 33 more shares @ $200... forgot about this limit order ...
Like Elon, he thinks there is significant macro risk right now. And car companies need all the cash they can get in such times.
First paragraph:Or could that be 4680 ramping internally?
wall street
Or could that be 4680 ramping internally?
Panasonic added its production at its North American operations remained steady, and it saw firm sales of vehicles eligible for tax credits.
I assume Panasonic thought they would get a boost from legacy auto, but with legacy auto slowing or stopping BEV production, Tesla is really the only significant customer.First paragraph:
Panasonic announced that it is slowing down its battery production amid weaker demand for electric vehicles, but it hints at demand from Tesla still being good on that front.
Later paragraph:
Panasonic Holdings, which supplies Tesla, said on Monday it had cut automotive battery production in Japan in the September quarter and shrank the division’s annual profit forecast by 15%, underscoring a global slowdown in EV sales.
I would like to see a full disclosure of his investments and know who he is close to. This guy smacks of being a covert short seller or just plain anti-Tesla.
First paragraph:
Panasonic announced that it is slowing down its battery production amid weaker demand for electric vehicles, but it hints at demand from Tesla still being good on that front.
Later paragraph:
Panasonic Holdings, which supplies Tesla, said on Monday it had cut automotive battery production in Japan in the September quarter and shrank the division’s annual profit forecast by 15%, underscoring a global slowdown in EV sales.
Oops. I try to stick with Latin derived words which seem less arcane to many. OTOH, my personal physician is Brazilian but reports that when he did some speciality training in San Francisco people complained about his too complex medical words, which came from the English texts. Audi and I apparently are afflicted that disease. I’ll try to do better.You sound a bit like Audubon here ... Friendly reminder to stick to simple language for me and others who did not grow up speaking English.