Tesla talking billion dollar deal with Toyota?

Tesla talking billion dollar deal with Toyota?

August 6, 2011 by · Leave a Comment 

Filed under: Toyota , Earnings/Financials , Tesla Tesla and Toyota have become rather friendly over the last few years. According to the latest reports, it seems the two automakers are ready to take their relationship to the next level. What initially started as a $60-million deal turned into a $100-million affair earlier this year. You know what’s cooler than a million-dollar deal? A billion-dollar deal, and that’s reportedly what’s now on the table between the two automakers. Per Tesla CEO Elon Musk , his company is in talks with Toyota to ink a deal that would see $1 billion trading hands. Any issues about capital could quickly disappear, and Tesla could quickly become a major player in the automotive industry thanks to this serious cash infusion. We’ll just have to wait and see… Tesla talking billion dollar deal with Toyota? originally appeared on Autoblog 5.0 on Fri, 05 Aug 2011 09:59:00 EST.

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