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Tesla to buy battery tech firm Maxwell for $218M

Maxwell_Technologies_building_San_Diego.jpg
AP
By:
ANTHONY PALAZZO
B
By:
Bloomberg
|
February 05, 2019 11:07 AM

Tesla Inc. agreed to acquire battery-technology company Maxwell Technologies Inc. for about $218 million in stock, as Elon Musk's electric-car maker adds expertise in energy storage and power delivery.

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