Panasonic gives its investers in a presentation expectations for future battery production.
Tesla's Battery Supplier Panasonic Forecasts Drastically Less Growth Than Forecast By Tesla
Summary
- In a recent investor presentation, Panasonic forecast auto battery sales growth of just 11 percent in the next 12 months even as Tesla's Model X is ramping.
- While Tesla forecasts perpetual 50% annual sales growth, over the next four years, Panasonic forecasts a CAGR of just 16.5%.
- Even in 2019, when the Model 3 is supposed to be in full production, Panasonic forecasts auto battery sales only 84% higher than in FY 2015.
