Tesla (TSLA) Expects Japan To Be 2nd Largest Market

Posted by Tate Dwinnell | # |
02:20:12 pm on November 12, 2010

According to the WSJ, Elon Musk said today he expects Japan to be the 2nd largest market for its luxury electric cars, likely aided by its partnership with both Toyota and Panasonic.  Toyota invested $50 million in Tesla and the two companies will jointly develop an all electric SUV while Panasonic recently invested $30 million. Tesla opened its first showroom in Tokyo last month and has six dealerships in Europe. 

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