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May 22, 2012, 06:09:31 PM

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CARfaq.org > Forum > Campus > General Automotive > General Discussions > Daimler AG and Tesla Motors Partnership
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AndreyATC
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Daimler AG and Tesla Motors Partnership
« on: May 19, 2009, 02:28:30 PM »

German auto giant and electric vehicle maker announce alliance

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Daimler AG and Tesla Motors announced Tuesday that they will partner to manufacture electric cars.

As part of the agreement, German automaker Daimler said it had acquired an equity stake of nearly 10% in San Carlos, Calif.-based Tesla Motors.

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