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February 4, 2019 06:02 pm GMT

Teslas Maxwell acquisition aims to give its batteries a boost

Tesla has acquiredenergy storage company Maxwell Technologies in an all-stock deal valued at $218 million, a deal aimed at helping the electric automaker improve its batteries and lower costs as more competitors enter the market. The offer will value each of Maxwell’s 45.9 million shares at $4.75. The merger is expected to close in the […]

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