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  • Daimler takes 10% stake in Tesla

    At a press conference in Stuttgart, Germany Elon Musk and Dr. Thomas Weber, Member of the Board of Daimler AG announced the strategic alliance to accelerate the commercialization of electric drives globally. "Daimler has set the benchmark for engineering excellence and vehicle quality for more than...
    Posted to News by MPT on 05-19-2009
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  • Electric Smart powered by Tesla batteries

    DETROIT (Reuters) - Tesla Motors Inc has been working with Daimler AG on an electric Smart car and expects to supply battery packs and chargers for 1,000 vehicles initially, Tesla founder Elon Musk said Tuesday. The nonexclusive supply agreement with Daimler could run into the tens of thousands of vehicles...
    Posted to News by MPT on 01-13-2009
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