Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Instagram Outage Disrupts Thousands of U.S. Users 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Panasonic Corp should reduce its heavy reliance on Tesla Inc by making electric vehicle batteries for other global carmakers, says Kazuhiro Tsuga, its outgoing CEO.
Tsuga, who steps down on April 1 after being CEO for nine years, warned they are entering a different phase and should explore opportunities with other EV manufacturers. He described Panasonic's reliance on Tesla as being "one-legged," insisting the company should graduate from it at some point.
It was under Tsuga when Panasonic shifted its focus away from low-margin consumer electronics to batteries, factory machines, and components.
Yuki Kusumi, the head of its automotive business, would take over as CEO of the Japanese conglomerate.
Kusumi is expected to take a year reshaping Panasonic into a holding company, making it easier to decide where to invest for long-term growth,
The Osaka-based Panasonic, which expects its EV battery business to be profitable this fiscal year, put up a $5 billion battery factory with Tesla near Reno, Nevada.
Panasonic is also looking at several investments, such as putting up a new battery factory in Europe and mass-producing lithium-ion battery cells.
