http://www.boston.com/business/technology/articles/2010/11/03/panasonic_invests_30m_in_electric_car_maker_tesla/
Panasonic invested $30 million dollars in Telsa Motors Inc which is an electric car maker. Panasonic's reasoning for this investment is a look into the future and a global market for green vehicles is on the up rise. Shares in Panasonic jumped 3.7% after the announcement of their deal with Telsa. Panasonic looks to follow in Toyota's footsteps which are the world's number 1 automaker. Toyota invested $50 million into high-end electric car maker and they have come up extremely successful. Panasonic hopes this investment will help the company exceed in the market and create an increase in revenue for them.
Going green will definetly help them to recieve a possitive impact from the community. This is a new thing that everyone is following so its important for companies to pick up the trend. This will cause a very high Return on Investment for them.
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