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In five years, Tesla will be building 500,000 vehicles a year said Panasonic President and CEO Joe Taylor. He talked about the company’s partnership with Tesla at last month’s Consumer Electronics Show. That prediction is based on the assumption that Tesla’s new Gigafactory battery manufacturing plant will be fully operational, enabling the electric carmaker to […]

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Today Tesla Motors along with Panasonic Corporation announced from Japan that they would expand a supply agreement to allow Tesla to increase production of the Model S and pending Model X due for launch by the end of next year. The update to a 2011 supply deal calls for 2 billion cells over the next […]

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