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home / news releases / MXWL - Tesla And Maxwell: Assessing The Deal


MXWL - Tesla And Maxwell: Assessing The Deal

Tesla (TSLA) is in the process of acquiring Maxwell Technologies (MXWL) for something like $288 million in Tesla stock. When I first saw this deal I just didn't get it. What did Tesla need with a super-capacitor company? Super-capacitors have much higher power (rate of charge / discharge) than lithium batteries but much lower energy storage capability for the size / weight. Tesla already makes about the quickest cars around, why would it need to buy some little California company just to make its cars even quicker? It made no sense.

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Stock Information

Company Name: Maxwell Technologies Inc.
Stock Symbol: MXWL
Market: NASDAQ
Website: maxwell.com

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