Anthony Palazzo

Business, Technology

Tesla to Buy Battery-Tech Firm Maxwell for $218 Million in Stock

Tesla Jasper Juinen/Bloomberg News

Tesla Inc. agreed to acquire battery-technology company Maxwell Technologies Inc. for about $218 million in stock, as Elon Musk’s electric-car maker adds expertise in energy storage and power delivery.

Anthony Palazzo | Bloomberg News
February 4, 2019
Business, Technology, Fuel, Autonomous

Tesla’s Cobalt-Light Batteries Seen Providing Cost Advantage

Tesla Model 3 2018 Tesla Model 3 sedans sit on display outside a Tesla showroom in Littleton, Colo. (David Zalubowski/AP)

Tesla Inc.’s lead in battery technology gives it a cost advantage that may last for several years and help the U.S. electric-car maker face down an onslaught of new competition, according to new research from Bloomberg.

Anthony Palazzo | Bloomberg News
September 4, 2018