Tesla receives Letter of Intent from Daimler for full electric powertrain program for a Mercedes vehicle
Green Car Congress
NOVEMBER 3, 2011
In its letter to its shareholders reporting Q3 performance, Tesla Motors said that it had received a letter of intent from Daimler for a full powertrain program for a vehicle in the Mercedes line. Details of this deal remain confidential, Tesla said, but will be announced in the coming months. Tesla’s existing production agreements with Daimler and its development services agreement with Toyota produced combined revenue of. more $29 million in the third quarter; total Q3 revenues were $58
Let's personalize your content