17-10-2016 22:26 via uk.news.yahoo.com

Tesla, Panasonic to collaborate on solar manufacturing

(Reuters) - Elon Musk's Tesla Motors said it would collaborate with its longstanding battery partner, Japan's Panasonic Corp, to manufacture solar cells and panels at a New York factory. The agreement, a non-binding letter of intent, is contingent on shareholder approval of Tesla's acquisition of SolarCity Corp, the electric car maker said in a statement issued late on Sunday. Financial terms were not disclosed, but officials in New York said production would take place at a factory SolarCity is
Read more »