Tag Archives: model s sedan

Toyota (TM) Invests $50 Million In Tesla Motors To Produce Electric Sedan

Toyota Motors (TM) and Tesla Motors announced this morning that they are partnering to produce Tesla electric cars in a recently closed Toyota/GM plant in Fremont, California.  The plant was closed just a few weeks ago, taking 4,700 jobs with it, but reviving the plant is good news at least for a portion of the workers.  When production begins in 2012, about 1000 workers will be needed.

Tesla currently sells the Roadster, but the new … Read the rest