Tesla talking billion dollar deal with Toyota?

Tesla and Toyota have been rather friendly for the last few years. It seems they're now ready to take the relationship to the next level. What 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 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.