Panasonic turned its $30 million Tesla investment into a $3.6 billion windfall

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SOURCE: https://www.engadget.com/panasonic-sold-tesla-shares-to-raise-cash-for-acquisition-103525121.html

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At the same time, Panasonic CEO Yuki Kusumi told Bloomberg that the company plans to make a "large investment" in production of Tesla's new 4680 lithium-ion battery cells if a prototype production line works out.

As said here by https://www.engadget.com/about/editors/steve-dent

Panasonic turned its $30 million Tesla investment into a $3.6 billion windfall | Engadget

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https://www.engadget.com/about/editors/steve-dent