Tesla with Toyota at NUMMI

[Gnam]

This is cool. :cool:


from sfgate.com
Tesla Motors announced Thursday it will use a $50 million investment from Toyota Corp. to help it buy the recently closed Nummi auto plant in Fremont and reopen it to build electric cars.

The project will bring badly needed jobs to the Bay Area and is a surprising win for the Bay Area's green economy just seven weeks after New United Motor Manufacturing Inc. laid off 4,700 unionized auto workers as its two owners, General Motors and Toyota, ended their 25-year partnership at California's last auto plant.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/05/21/MNGP1DI8OL.DTL

[Ankf00]

heard it on the radio in the morning.

only 1000 employees for now, but sweet none the less.

TX gets the old TMC NUMMI line, and NUMMI's back in business with Toyota, everyone wins!

[oddlycalm]

Yo Tesla, you wanna buy an F1 team cheap....? No? How 'bout a nice factory in Fremont?

oc

[STD]

Standardized KERS.

[Gnam]

The real question is, where do the Oakland A's go now that the factory won't be knocked down for their new stadium? :p

[Ankf00]

The real question is, where do the Oakland A's go now that the factory won't be knocked down for their new stadium? :p

san jose's been angling for 'em no?

[chop456]

So Toyota pays $50M to get their fingers in the $500M of government grants Tesla's secured? Genius. :rofl:

[Ankf00]

toyota trying to transition to EV to keep pace w/ GM & Nissan w/o having to front the development costs, imo

[High Sided]

heard it on the radio in the morning.

;)

a5Kacur5ZGo

[chop456]

toyota trying to transition to EV to keep pace w/ GM & Nissan w/o having to front the development costs, imo

Exactly. The whole US hates Toyota and they just picked taxpayers' pockets for $450M worth of R&D. Like I said - genius. :laugh: