• May 20, 2010
Tesla Model S sedan – click above for high-res image gallery

California Governor Arnold Schwartzenegger has apparently let slip ahead of a scheduled 5pm Pacific announcement that Tesla Motors will be teaming up with Toyota to build electric cars.

While some might speculate that the agreement could result in the re-opening of Fremont's idle New United Motor Manufacturing Inc. plant (NUMMI), SFGate says that this is somewhat unlikely. Any production agreement will likely involve the forthcoming Model S sedan, and NUMMI's facilities are significantly larger than what the model will require, as it was originally scaled to accommodate the joint venture between Toyota and General Motors which required much greater capacity. The smart money is on a new factory location, probably in Downey, CA (in Los Angeles County).

It is not yet clear what Toyota will bring to the table or what, if any money or stock is changing hands with this rumored agreement. Also, no word yet on how Mercedes-Benz feels about all this – the German automaker already has a 10 percent stake in the company after opening its coffers to the struggling EV manufacturer back in May of 2009.

More information as it becomes available...



[Source: SFGate]


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    • 1 Second Ago
  • 35 Comments
      • 4 Years Ago
      this is a great looking car -
      sexy, like a Maserati or something
      • 4 Years Ago
      I hope the UAW won't butt in.
      • 4 Years Ago
      Great, Tesla, a fresh and innovative new company teaming up with the purveyor of ugly, boring, dangerous junk heaps. Tesla, you've made me cry.
        • 4 Years Ago
        To be a sore "loser", learn to spell dummy, I would have had to have lost something. You could say that I lost respect for Tesla but I'm not sore about it, I just won't purchase one.
      Carlos
      • 4 Years Ago
      I bet these electric cars will accelerate suddenly too.

      Yeah I went there
        • 4 Years Ago
        @Carlos
        There's no stopping them now!
        • 4 Years Ago
        @Carlos
        you failed me Carlos
        • 4 Years Ago
        @Carlos
        Maybe it will go the other way - maybe tiny Tesla will teach Toyota how to design desirable cars again.
        • 4 Years Ago
        @Carlos
        God dammit. I wanted Tesla to be the NEW big three. Now they're just going to build boring corporate crap.
        Carlos
        • 4 Years Ago
        @Carlos
        Hey someone had to say it haha!
      • 4 Years Ago
      I knew Tesla was going to either partner with someone or get bought-out completely. I was hoping one of the Detroit automakers would have stepped-up, but I guess not.

      Toyota already has years worth of a headstart in hybrid technology, if they get some of Tesla's EV expertise, then the other car makers better watch out.

      I would be very curious to see how close this relationship will be.... just sharing of some components or an actual partnership?
      • 4 Years Ago
      Too bad Tesla had to go overseas for its partnership. It would have been interesting to see a partnership with GM or Ford.
        • 4 Years Ago
        Toyota is just as American as Ford is, which is none, considering both are global corporations. BTW D3 is more into the control by big oil compared to Toyota.
      • 4 Years Ago
      Tesla's battery supplier, Panasonic, is the same as Toyota's. I see a possible connection here...

      And I think NUMMI, not Downey, will be the plant site. Last I checked, the Downey site had very major pollution problems. Plus if Toyota is sharing production with Tesla, building, say, Electric Camrys in addition to the Model S, they might actually need the 400,000/yr capacity of NUMMI.
      • 4 Years Ago
      Tesla has recruited some of the best engineers in the world. Too bad their talent isn't recognized/appreciated/rewarded enough and the company is ran by idiots. Oh well, only a matter of time before one of the bigger car companies picks them up. Then hopefully the good people they still have (for now) will be safe from the ridiculous upper management.

      And I see how Toyota's resources can benefit Tesla, but I would not be wanting to go in to a joint venture with Toyota right now...
      • 4 Years Ago
      I think GM should buy Tesla and pigeon-hole 'em under "T"... right next to Tucker...
      • 4 Years Ago
      This..... can't... be.... true

      the powers.... far...tooo... awesome

      • 4 Years Ago
      Musk and Toyota together?
      Talk about a juggernaut of hubris!
      • 4 Years Ago
      YES. This has epic win written ALL OVER IT!

      Reminds me of the "Win-win-win" negotiation tactic...

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