Panasonic has no plans for new Tesla battery plant in China - CEO

TOKYO (Reuters) - Panasonic Corp has no plans to build a new battery plant for Tesla Inc in China, the Japanese company's chief executive said, as it struggles to make profits from its existing battery business with the electric vehicle maker."We don't have any plans at the moment to set up a production site in China for Tesla's Chinese business," CEO Kazuhiro Tsuga told reporters at a strategy briefing on Friday."It is up to Tesla to decide whether it would use Chinese-made batteries from..