Unclear If Toyota and Tesla Will Develop Electric Vehicles Together

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By
Muhammed El-Hasan
on June 8, 2010 9:32 AM | | Comments (0) |

Tesla is in a touch spot. It's a tiny company competing against giant auto companies. Aligning with Toyota was smart, but Toyota is obviously wary about hooking up with with Tesla, which is up against giants like GM and Ford.

Tesla Reveals Loose Arrangement With Toyota for New Electric Car

(New York Times) SAN FRANCISCO -- Upstart carmaker Tesla Motors Inc. has offered a blunt, real-world assessment of a recent deal it made with Toyota Motor Corp. In a recent filing with the Securities and Exchange Commission, Tesla said the two companies may never get to the point where they jointly develop electric vehicles.

Read more on Tesla and Toyota.

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This page contains a single entry by Muhammed El-Hasan published on June 8, 2010 9:32 AM.

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Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at muhammad.el-hasan@dailybreeze.com

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