Tesla buys battery technology company

ABC News | 2/4/2019 | Staff
Tesla is buying the battery company Maxwell Technologies Inc. about $218 million in stock.

The deal gives Tesla a boost in battery technology as it tries to cut costs and mass produce electric cars. Those improvements involve improving battery capacity and cutting down on recharging time.

David - Lyle - Officer - Maxwell - Technologies

David Lyle, the chief financial officer at Maxwell Technologies Inc....
(Excerpt) Read more at: ABC News
Wake Up To Breaking News!
"Tyranny sincerely exercised for the good of its victims may be the most oppressive." C.S. Lewis
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!