Toyota partners with Tesla to make electric cars

Reply
 
LinkBack Thread Tools Display Modes
Old 22 May 2010, 07:43 am   #1 (permalink)
Neo
Guest
  • Posts: n/a
  • User Status:


Default Toyota partners with Tesla to make electric cars

Toyota is partnering with Tesla to make electric cars.
Toyota has made a deal to buy the initial $50 million dollars of
Telsa's upcoming $100 million dollar initial public stock Tesla has
lost more than $236 million since its founding in 2003.. With Toyota's
financial support and a 2009 $465 million federal government loan
package, Tesla has purchased and will run independently the closed
Fremont, California NUMMI (GM/Toyota) plant to make about 20,000 Tesla
Model S electric sedan vehicles per year which Tesla hopes to sell for
about $50,000 each in 2012. Tesla has about 20000 reservations to
purchase the Model S. Tesla plans to increase its staff by about 50
employees per month and bring 1000 employees working at the Fremont
when the factory becomes fully operational. For its part in the
partnership, Tesla will share its drive-train technology with Toyota.
Toyota hopes to use the Tesla drive train in a new Toyota model.

The partnership and reopening of the NUMMI factory come as a surprise
to many. Tesla was widely expected to set up shop in an old NASA
facility in the Los Angeles suburb of Downey.

Toyota, Tesla Team Up on EV
ChuckSquatrigla. May 20 2010. Autopioa. Wired.com
http://www.wired.com/autopia/2010/05...#ixzz0oenhnJwS



Tesla joins with Toyota to reopen Nummi plan
Tom Abate and David R Baker
San Francisco Chronicle. Friday May 21 2010
http://www.sfgate.com/cgi-bin/articl...MNGP1DI8OL.DTL

Toyota's Tesla gambit different from GM Venture
David R Baker
San Francisco Chronicle. Saturday May 22 2010
http://www.sfgate.com/cgi-bin/articl...s.news_pageone


Toyota to invest $50M in Tesla electric car plant
Daisy Nguyen. Associated Press
San Francisco Chronicles Thur May 20, 2010
http://www.sfgate.com/cgi-bin/articl...d=rss.business
  Reply With Quote
Old 22 May 2010, 05:31 pm   #2 (permalink)
Peter Granzeau
Guest
  • Posts: n/a
  • User Status:


Default Re: Toyota partners with Tesla to make electric cars

On Sat, 22 May 2010 04:43:02 -0700 (PDT), Neo
<residualselfimage1999@gmail.com> wrote:

>Toyota is partnering with Tesla to make electric cars.
>Toyota has made a deal to buy the initial $50 million dollars of
>Telsa's upcoming $100 million dollar initial public stock Tesla has
>lost more than $236 million since its founding in 2003.. With Toyota's
>financial support and a 2009 $465 million federal government loan
>package, Tesla has purchased and will run independently the closed
>Fremont, California NUMMI (GM/Toyota) plant to make about 20,000 Tesla
>Model S electric sedan vehicles per year which Tesla hopes to sell for
>about $50,000 each in 2012. Tesla has about 20000 reservations to
>purchase the Model S. Tesla plans to increase its staff by about 50
>employees per month and bring 1000 employees working at the Fremont
>when the factory becomes fully operational. For its part in the
>partnership, Tesla will share its drive-train technology with Toyota.
>Toyota hopes to use the Tesla drive train in a new Toyota model.
>
>The partnership and reopening of the NUMMI factory come as a surprise
>to many. Tesla was widely expected to set up shop in an old NASA
>facility in the Los Angeles suburb of Downey.


There's another $465 million of our tax dollars down the drain.

Electric vehicles OUGHT to cost well under $30,000.
  Reply With Quote
Old 22 May 2010, 06:03 pm   #3 (permalink)
Michelle Steiner
Guest
  • Posts: n/a
  • User Status:


Default Re: Toyota partners with Tesla to make electric cars

In article <55igv5hfb4kue3kc20tsqe1cdh0603d9ua@4ax.com>,
Peter Granzeau <pgranzeau@cox.net> wrote:

> Electric vehicles OUGHT to cost well under $30,000.


Why?

--
Check out the Hot Cocoa Party
<http://www.hotcocoaparty.info>
  Reply With Quote
Old 23 May 2010, 07:31 pm   #4 (permalink)
Peter Granzeau
Guest
  • Posts: n/a
  • User Status:


Default Re: Toyota partners with Tesla to make electric cars

On Sat, 22 May 2010 15:03:03 -0700, Michelle Steiner
<michelle@michelle.org> wrote:

>In article <55igv5hfb4kue3kc20tsqe1cdh0603d9ua@4ax.com>,
> Peter Granzeau <pgranzeau@cox.net> wrote:
>
>> Electric vehicles OUGHT to cost well under $30,000.

>
>Why?


So they will reach a mass market, not just the elite who buy BMW and
Mercedes and Lexus and the like.
  Reply With Quote

Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 12:26 pm.

Attribution:
Autoblog
Powered by Yahoo Answers



ToyotaLexusForum.com is an unofficial community for car enthusiasts. ToyotaLexusForum.com is not affiliated with Toyota Motor Corporation in any way.
Toyota Motor Corporation does not sponsor, support, or endorse ToyotaLexusForum.com in any way.
Copyright/trademark/sales mark infringements are not intended or implied.