Tesla’s $218M Maxwell acquisition aims to give its batteries a boost

Tesla’s $218M Maxwell acquisition aims to give its batteries a boost
Tesla has acquired energy storage company Maxwell Technologies in an all-stock deal valued at $218 million, a deal aimed at helping the electric automaker improve its batteries and lower costs as more competitors enter the market. The offer will value each of Maxwell’s 45.9 million shares at $4.75. The merger is ... read more
Source- Techcrunch.comPublished on 2019-02-04By Kirsten Korosec
3 months ago
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