Panasonic posts 1st quarterly profit in U.S. battery business with Tesla
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TOKYO (Reuters) - Panasonic Corp reported the first quarterly profit in its U.S. battery business with Tesla Inc on Monday, after several years of production troubles and delays at the U.S. partner.The news comes after the U.S. electric vehicle maker reported its second successive quarterly profit last week, as vehicle deliveries hit a record. Tesla also said it would comfortably make more than half a million units this year, pushing its shares to new highs."We are catching up as Tesla is..