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Tesla shares fall 6.08% after-hours as Panasonic delays US EV battery plant expansion due to sluggish sales.
ByAinvest
Friday, Jul 11, 2025 5:31 pm ET1min read
Tesla, Inc. dropped 6.08% in after-hours trading, with the company facing a slowdown in sales impacting Panasonic's US EV battery plant expansion plans. Panasonic Holdings will postpone its plan to bring its new U.S. electric vehicle battery plant to full capacity by March 2027 as Tesla, its main customer, is experiencing sluggish sales.
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