Panasonic eyes profit growth in FY 2021 buoyed by supplies to Tesla
Panasonic Corp. said Monday it expects net profit to rise 27.2 percent to 210 billion yen ($1.9 billion) in the current business year through next March, helped by growth in its automotive segment that supplies electric vehicle batteries to U.S. giant Tesla Inc. The expected recovery would follow a year in which the coronavirus…
