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Tesla buys energy storage company Maxwell Technologies for $218 mn
short by Arundhati Rawat / on 05 Feb 2019,Tuesday
Elon Musk-led automaker Tesla has agreed to acquire American energy storage company Maxwell Technologies in an all-stock deal valued at about $218 million. The acquisition is reportedly aimed to help the electric automaker improve its batteries and lower its vehicle prices. The merger is expected to be completed in the second quarter of 2019, Maxwell Technologies aid.
short by Arundhati Rawat / 05:47 pm on 05 Feb
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