The Nikkei Asian Review reported that Panasonic (6752.Japan) will invest another $100 million in its joint-venture Tesla (TSLA) Gigafactory in Nevada. The report says plant capacity will rise about 10%, to 39 gigawatt-hours year.

“The real limitation on Tesla growth is cell production at an affordable price,” he said. “....We expect to expand our business with Panasonic, with CATL, with LG, possibly with others. And there’s a lot more to say on that front on Battery Day.”

Musk’s battery technology day happens in September. Investors and analysts will want to hear about manufacturing capacity, as well as charging life and cost. It should be an event that moves the stock.

Read the full article:  https://www.barrons.com/articles/panasonic-will-invest-more-on-making-teslas-batteries-51597856039?siteid=yhoof2&yptr=yahoo