The Corey Story

My random wanderings and things I find entertaining

Toyota, Tesla Will Build Electric Cars Together in California

Posted by Corey Kaster on May 25, 2010

Posted on GNN via Jenny Cellander

Sunday, 23 May 2010

Toyota and Tesla Motors have announced a surprise joint venture, augmented by Tesla’s purchase of a sprawling auto plant, recently closed near San Francisco.

The remarkable turn of events creates the potential for Toyota to become more involved in the production of electric cars, and a boost for the recently embattled Tesla, as well as a huge rebound for the factory that just last month produced its last Toyota Corolla before closing its doors.

Elon Musk, chief executive of Tesla Motors, said the company has already begun hiring some former workers and will continue to hire more.

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