
Panasonic’s production at the factory in Buffalo will end by May, with an exit by September, it said in a statement. The decision is to streamline the company’s global solar energy operations, it said.
Panasonic will continue making batteries for Tesla’s electric vehicles in another factory in Nevada, it said.
Panasonic also quoted Tesla as saying that the move won’t affect Tesla’s solar business plans.
This story is from the February 28, 2020 edition of AppleMagazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in
This story is from the February 28, 2020 edition of AppleMagazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
Already a subscriber? Sign in

CHINA TELLS TECH MANUFACTURERS TO STOP USING MICRON CHIPS, STEPPING UP FEUD WITH UNITED STATES
Stepping up a feud with Washington over technology and security, China’s government told users of computer equipment deemed sensitive to stop buying products from the biggest U.S. memory chipmaker, Micron Technology Inc

META FINED RECORD $1.3 BILLION AND ORDERED TO STOP SENDING EUROPEAN USER DATA TO US
The European Union slapped Meta with a record $1.3 billion privacy fine this week and ordered it to stop transferring users’ personal information across the Atlantic by October, the latest salvo in a decadelong case sparked by U.S. cybersnooping fears

READY FOR A DIGITAL EURO? AT 25, EUROPEAN CENTRAL BANK PREPS FOR FUTURE OF MONEY
As it marks its 25th anniversary this week, the European Central Bank is readying a proposed design for a digital version of the euro, responding to pressure from developing technology that could change how money is used over the bank’s next decades

DO NOT CALL: STATES SUE TELECOM COMPANY OVER BILLIONS OF ROBOCALLS
Attorneys general across the U.S. joined in a lawsuit against a telecommunications company accused of making more than 7.5 billion robocalls to people on the national Do Not Call Registry

DISENCHANTMENT UNDER THE SEA IN LIVE-ACTION 'THE LITTLE MERMAID'
It’s not Rob Marshall’s fault that Disney’s latest live-action retread doesn’t really sing

ENERGY DEPT. REJECTS $200M GRANT TO BATTERY MAKER AFTER GOP CRITICISM OVER ALLEGED TIES TO CHINA
The Biden administration has canceled plans to award a $200 million grant to a U.S. battery manufacturer amid criticism from Republican lawmakers over the company’s alleged ties to China

CAR SEATS & BABY FORMULA ARE REGULATED. IS SOCIAL MEDIA NEXT?
The U.S. surgeon general is warning there is not enough evidence to show that social media is safe for children and teens — and is calling on tech companies, parents and caregivers to take “immediate action to protect kids now.”

WAYMO, UBER SET ASIDE PAST RIFT OVER SELF-DRIVING CAR TECHNOLOGY TO TEAM UP ON ROBOTAXIS IN PHOENIX
Self-driving car pioneer Waymo is teaming up with ride-hailing leader Uber in the Phoenix area to transport passengers and deliver food in robotic cars that triggered a bitter technological dispute between the two companies

WHO OFFERS HANDS-FREE DRIVING SYSTEMS FOR 2023?
Fully automated self-driving cars are still a thing of the future. But you can get a taste of what they’ll be like if your vehicle has what’s commonly described as hands-free driving capability

TWITTER ACCUSES MICROSOFT OF MISUSING ITS DATA, FORESHADOWING A POSSIBLE FIGHT OVER AI
A lawyer for Twitter owner Elon Musk accused Microsoft of misusing the service’s data and demanded an audit from the software giant

SHOOT FOR THE STARS
A new broadband internet service emerges

COURT HEARS APPEAL OF RULING FAVORING MUSK IN SOLARCITY DEAL
Attorneys for a group of Tesla shareholders are asking the Delaware Supreme Court to overturn a judge’s decision in favor of CEO Elon Musk in a lawsuit challenging the electric car maker’s $2.4 billion acquisition of a solar panel company founded by two of his cousins.

TESLA SAYS IT WILL CUT COSTS OF NEXT GENERATION CARS IN HALF
Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories.

WHITE HOUSE: TESLA TO MAKE SOME EV CHARGERS AVAILABLE TO ALL
Electric car giant Tesla will, for the first time, make some of its charging stations available to all U.S. electric vehicles by the end of next year, under a new plan announced by the White House.

TESLA HIKES PRICE OF MODEL Y AFTER US ALTERS TAX CREDIT RULE
Tesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits.

AFTER TESLA PRICE CUT, FORD FOLLOWS SUIT WITH MUSTANG MACH-E
Ford is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after market leader Tesla took similar steps.

JUSTICE DEPARTMENT SEEKS TESLA AUTOMATED DRIVING DOCUMENTS
The U.S. Justice Department has requested documents from Tesla related to its Autopilot and “Full Self-Driving” features, according to a regulatory filing.

TESLA WILL INVEST S3.6B IN NEVADA TRUCK FACTORY EXPANSION
Tesla said it intends to invest $3.6 billion to expand manufacturing capabilities in Nevada and is confident growing software-related profits, reflected in record net income reported Wednesday for the fourth quarter of last year, will keep margins higher than any other automaker.

ELON MUSK: TWEETS ABOUT TAKING TESLA PRIVATE WEREN'T FRAUD
Elon Musk returned to federal court Monday in San Francisco, testifying that he believed he had locked up financial backing to take Tesla private during 2018 meetings with representatives from Saudi Arabia’s Public Investment Fund — although no specific funding amount or price was discussed.

TESLA SAYS ITS 40 PROFIT ROSE 59%, EXPECTS STRONG DEMAND
Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.