1. Tesla is Buying the Battery-Maker Maxwell Technologies

    Tesla is Buying the Battery-Maker Maxwell Technologies
    • Tesla announced Monday that it plans to buy the battery maker Maxwell Technologies.
    • Maxwell, based in San Diego, makes battery components including ultracapacitors and dry electrodes.
    • Battery technology is key for Tesla as it ramps up production and expands its manufacturing presence into China.

    Tesla is buying Maxwell Technologies in a deal that values the battery-maker at $218 million, the two companies announced Monday...

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    1. We are very excited with today's announcement that Tesla has agreed to acquire Maxwell. Tesla is a well-respected and world-class innovator that shares a common goal of building a more sustainable future.
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