Panasonic plans to stop solar-panel production at the New York site in May and exit the factory by September
Panasonic Corp. will end its partnership with Tesla Inc. that produces solar panels at a factory in Buffalo, N.Y., the company said Wednesday.
The Japanese company said it would stop production in May and exit the factory by September. Tesla assured New York officials—the state spent $959 million to build and equip the factory—that it would continue production of its solar roof in Buffalo and had exceeded required job counts, according to a memo sent to these officials on Tuesday that was reviewed by The Wall Street Journal....
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