Monday, February 7, 2011

Tesla Motors teams up with Smart car maker - San Francisco Business Times:

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The new version of Daimler’s two-person should be on sale by the end of this San Carlos-based Tesla, started by Elon Musk, makesa and sells an electric sportscar called the Tesla at one time had its as a possibled site for a manufacturing plant. News reports said Musk, who made his fortune starting , which was bought by online fleamarket (NASDAQ: revealed the deal in a speecb in Detroit. Daimler has not announced the deal, nor does Tesla have news abougt it on its Web site orcompanyu blog. In his speech, Musk said his businesss wouldmake 1,000 battery packs that Daimler couldx use in the Smarg car.
Daimler sold some 24,000 of the gasoline-powered Smartr cars in the United Statesin 2008. Tesla said last year it hopesa to move to a new headquarters in San but the company has also been affected by the economic crisis in the United It has sold about 150 of its electri c sportscars and hopes to make more money selling battery andpower components.

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