Toyota and Tesla Motors have announced a surprise joint venture, augmented by Tesla’s purchase of a sprawling auto plant, recently closed near San Francisco.
The remarkable turn of events creates the potential for Toyota to become more involved in the production of electric cars, and a boost for the recently embattled Tesla, as well as a huge rebound for the factory that just last month produced its last Toyota Corolla before closing its doors.
Elon Musk, chief executive of Tesla Motors, said the company has already begun hiring some former workers and will continue to hire more.
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I live near the Nummi plant and there was great anxiety when it closed. Now the area will get a much needed boost!
I am SOOO excited about this! perfect birthday news!