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Tesla, Panasonic suspending plans for capacity expansion of USD 4.5 billion Gigafactory in U.S.

Tesla Inc. and Panasonic Corp. are suspending plans to expand the capacity of their USD 4.5 billion U.S. Gigafactory plant in the face of uncertain demand for electric vehicles, according to media reports on April 11.
Panasonic has confirmed it is studying further investments in the plant.
"Panasonic established a ba....

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