Panasonic Rattled By High-Maintenance Partner Tesla

Panasonic is growing wary of the risks posed by its battery partnership with Tesla, which has been eating through capital while production of its mass-market sedan struggles to get off the ground. Although Tesla and Panasonic are jointly building the Gigafactory in the U.S. Panasonic appeared cool toward Musk's announcement about further Gigafactory cooperation in China, obviously hesitating to make further commitments. With both sales and profit increasing, the electric car battery business is showing signs of strain and potentially demanding investment is Panasonic's relationship with Toyota, already qualified as important as the one with Tesla. Is Giga divorce in sight? 

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