Panasonic (6752.T, PCRFY) shares dipped after the corporate reduce its revenue outlook by 15% citing slower electrical car battery demand, particularly on higher-end EVs the place Inflation Discount Act credit are restricted. Yahoo Finance’s Akiko Fujita and Rachelle Akuffo weigh in on shopper traits and the way that’s impacting demand for higher-end EVs similar to Tesla (TSLA) and in the end common battery manufacturing.
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