Share with friends and circle of friends with wechat scan QR code < / P > < p > on June 25, the regulatory filing file submitted by Panasonic on Friday showed that in the fiscal year 2020 ending on March 31 this year, the company sold all shares of its key customer Tesla. The move could earn Panasonic billions of dollars and fund its new strategic investments < p > after signing the first supply contract with Tesla in 2009, Panasonic bought 1.4 million shares of Tesla in 2010 for about $30 million, when Tesla was just listed on NASDAQ. This provides Tesla with valuable financial support, and marks a big step forward in the expansion of Panasonic's automotive battery business < p > when Tesla bought shares in 2010, the price was only $21.15 per share. At present, after five splits, the share price has risen to $679.82. In fiscal year 2020, Panasonic's cash flow statement contains 429.9 billion yen (about 3.88 billion US dollars) of "investment income from sale and redemption", which may account for a large part of this windfall. In fy2019, Panasonic's cash flow is only 49.13 billion yen (about 440 million US dollars) < p > Tesla's share price began to soar in the spring of 2020, reaching $900 per share in January 2021, nine times the share price at the end of March 2020 < p > the sale helps to meet Panasonic's growing capital needs. In addition to the $7.1 billion acquisition of blue yonder, a US supply chain software developer, announced in April this year, the company continues to invest in the development of its automotive battery business < p > Panasonic currently supplies batteries for Tesla's electric vehicles. "Our business partnership with Tesla will not be affected by the sale of shares," said an executive at the company（ Small) < / P > < p >