GirlHacker's Random Log

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Nummi Tesla

 

In an interesting turn of events, Tesla and Toyota have formed a partnership of sorts around the recently closed Nummi plant in Fremont, California.¬†Nummi, the auto plant that just won’t die, started as a GM venture, closed, then was reopened as a joint GM and Toyota venture. Toyota will invest $50 million in Tesla Motors who will turn that money around into reviving Nummi as the factory for its new Model S electric sedan. Akio Toyoda’s ride in Elon Musk’s Tesla Roadster must have¬†given the Toyota president hope for moving beyond his company’s recent recall troubles. It’s that Silicon Valley startup energy sparking in the sound of a silent car.

Written by ltao

May 21st, 2010 at 2:59 am

Posted in thenews