Tesla becomes a solar battery manufacturer

The most well-known electric car manufacturer Tesla made an agreement with Panasonic about joint solar battery production, that will be used in SolarCity systems. Panasonic and Tesla already are cooperating in different fields. Companies plan to release a component production in 2017, but the full production in 2020. Cooperation of two huge companies positively affects on Tesla stock price.

From the beginning of this year, Tesla stocks increased by 22,1%. Awaits a growth after Tesla and Panasonic cooperation agreement. This is a good trend for traders for making profitable deals. Trading will be available during American session, from 14:40 to 21:00 GMT.

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