Panasonic Unsure About Committing To Tesla’s Gigafactory

By Nicholas Brown. Panasonic, a major manufacturer of batteries, is hesitant to join Tesla Motors’ ‘Gigafactory’ project, because it would raise investment risks, according to Panasonic’s CEO Kazuhiro Tsuga. “Our approach is to make investments step by step,” Tsuga said yesterday. “Elon plans to produce more affordable models besides Model S, and I understand his thinking…