Panasonic sells Tesla share for $3.6 billion

[Timpo]

Tesla Shareholder Panasonic Sells Stake for $3.6 Billion

Panasonic said the move wouldn’t affect its supply of batteries to Tesla; the move highlights the more arm’s-length relationship that has developed between the partners.

www.wsj.com

Panasonic sells Tesla stake for $3.6 bln

Panasonic Corp (6752.T) sold its stake in electric car maker Tesla Inc (TSLA.O) for about 400 billion yen ($3.61 billion) in the year ended March, a spokesperson for the Japanese company said on Friday.

www.reuters.com

Panasonic unloads entire Tesla stake

Exclusive: Japanese electronics company says relationship "will not change"

asia.nikkei.com