TOKYO/LOS ANGELES — Panasonic will exit solar cell production at Tesla's New York plant, the latest sign of strain in a partnership where Panasonic's status as the U.S. electric vehicle (EV) maker's exclusive battery supplier is ending.
The move increases uncertainty over Tesla's solar business which is already under scrutiny, having been drastically scaled back since the U.S. firm bought it for $2.6 billion in 2016.
Sony has officially pulled out of making an appearance at the MWC 2020 trade show, which is being held at the end of this month in Barcelona. Sony's exit follows a number of other manufacturers including LG, ZTE, Ericsson, Nvidia and Amazon, who will also not be attending due to the increasing health risks around coronavirus.