Tesla Toyota and start working together

Electric car pioneer Tesla Motors , and Toyota Motor Co. has made clear its intention to cooperate with a number of initiatives, particularly in developing electric cars in California. Toyota to buy shares at $ 50,000,000 Tesla's claim, which included twelve months of launching the amazing Daimler to b
uy a significant (more than 5%) per share , 30 million in tax credits and $ 465,000,000 EPA Environmental loans. Work with world leading manufacturer Tesla offers the certainty and security to buy a new plant. For Toyota, the competitive pressures in both markets, together with the Ministry of the winning schools in the various hot spots in terms of advertising or fashion savvy brand Tesla.Esli Tesla seems to be the first public U.S. company will automatically go to Ford for more than half a century ago.

The official announcement reads as follows:

Tesla Motors Inc. (Tesla) and Toyota Motor Company (TMC) announced today that they intend to promote cooperation in the development of electric cars, spare parts, technical and manufacturing systems.

The two companies intend to form a team of professionals to continue these efforts. TMC has agreed to purchase common stock of U.S. $ 50 million to Tesla, to close the market will be closed immediately after the closing of the first Tesla is now offering the public.

"I've heard the great potential of technology and Tesla was) impressed with their commitment to Monozukuri (Toyota approach to manufacturing, said:" President Akio Toyoda TMC. "Through this partnership, cooperation Business investment in companies such as Tesla, Toyota wanted to know a complex investment Perfume quick decisions, and the flexibility to Tesla. a few years ago, when the Toyota brand was created. In cooperation with Tesla, I hope that all remember that business users in mind, Toyota and future challenges. "

"Toyota is a company based on innovation, quality and commitment to sustainable mobility. This is a proud and strong support of our technology is that it chooses to invest and work of Tesla Toyota, said:" Tesla CEO and co-founder Elon musk. "We look forward to learning and performance of Toyota's legendary design, production and experience.

TMC Since its founding in 1937, under the philosophy of "helping the Community through the production of cars and vehicles so as to meet our customers worldwide. TMC 1997, a first-generation Prius hybrid car production, and about two, 500,000 hybrids a dozen years. Last year, the TMC began renting a hybrid Prius, which can be free from an external power devices, such as the Power Company is planning to introduce electric cars on the market the 2012th

Tesla aims electric cars cheaper home users - to reduce the fixed costs of electric cars. Palo Alto, California, the Tesla Roadster in Asia delivered more than 1,000 clients in North America and Europe. Tesla develops and manufactures electric vehicles and EV components for power. He is now only U.S. automaker to produce and sell electric cars on the road is their ability to be manufactured. Tesla Roadster faster than most sports cars at home to Rangers in the production of the Tesla Roadster vybrosov.sluzhby service.