Tesla (TSLA) sells back Maxwell Technology’s ultracapacitor business to former executives

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Tesla (TSLA) has sold back Maxwell Technology’s ultracapacitor business and brand after acquiring it just over two years ago. Back in 2019, Tesla announced the acquisition of Maxwell Technology, a San Diego-based ultracapacitor and battery company, for over $200 million. While the company was mostly known for its ultracapacitor business, it had just developed a dry electrode […]

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