Daimler Takes 10% Stake in Tesla; Strategic Partnership to Collaborate on Future Models
Green Car Congress
MAY 19, 2009
Daimler AG has acquired an equity stake of nearly 10% in Tesla Motors Inc. The two companies have already been working closely to integrate Tesla’s lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler’s electric smart car. Elon Musk, Tesla CEO and Product Architect. Earlier post.).
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