Panasonic shares soar on profit at U.S. battery business with Tesla
February 4, 2020Asia shares fragile amid China worries, oil sinks
February 4, 2020Tesla up 20% after Panasonic posts first quarterly profit at battery business
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Tesla Inc’s stock surged 20% on Monday in its largest one-day gain since 2013, fueled by a quarterly profit at Panasonic’s battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 2024.
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