Tesla and Toyota Intend to Work Jointly on EV Development, TMC to Take Equity Stake in Tesla; Tesla Purchases NUMMI Factory
Green Car Congress
MAY 20, 2010
In May 2009, Daimler AG acquired an equity stake of nearly 10% in Tesla. The sedan, which Tesla unveiled in March 2009, has an anticipated base price of $49,900, including a federal tax credit. With an optional extended-range battery pack, the Model S will travel over 300 miles per charge. Tesla CEO Elon Musk.
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