Telsa acquires battery tech manufacturer

TESLA has inked an agreement to acquire battery developer and manufacturer Maxwell Technologies in a US$2.18 million all stock takeover.

Telsa acquires battery tech manufacturer Telsa acquires battery tech manufacturer Telsa acquires battery tech manufacturer Telsa acquires battery tech manufacturer Telsa acquires battery tech manufacturer
Tesla will commence an all stock exchange offer for all the issued and outstanding shares of Maxwell, after which the company will be merged with a Tesla subsidiary.