Tesla’s Electric Stimulus Treatment

	<a href='http://www.truthdig.com/banners/www/delivery/ck.php?n=a9cd87eb&cb=1525059197' target='_blank'><img src='http://www.truthdig.com/banners/www/delivery/avw.php?zoneid=1&cb=1525059197&n=a9cd87eb' border='0' alt='' /></a>	June 19, 2013
		Text Size

Trending: chris hedges economy nsa politics robert scheer

Reporter Who Brought Down the 'Runaway General' Dead at 33

The Terror Con

The U.S. Military and the Unraveling of Africa

Greenland's Great Melt Is Pinned on Climate Change

Nate Silver vs. Politico: It's on Again

REPORTS

Guantanamo Prisoner’s Case Demonstrates Unfairness of Military Commissions
By Marjorie Cohn

Greenland’s Great Melt Is Pinned on Climate Change
By Tim Radford, Climate News Network

The U.S. Military and the Unraveling of Africa
By Nick Turse, TomDispatch

Bank of America Lied to Homeowners and Rewarded Foreclosures, Ex-Employees Say
By Paul Kiel, ProPublica

Ear to the ground

Serena Williams Walks Back ‘Insensitive’ Steubenville Rape Comments

FBI Confirms Drone Use Over U.S. Soil

What Snowden Told Us This Week

Google Fights for Transparency in FISA Court

U.S. and Taliban Announce Direct Negotiations

Reporter Who Brought Down the ‘Runaway General’ Dead at 33

A/V Booth

Rachel Maddow Gives Emotional Tribute to Michael Hastings

GOP Congressman: Abortions Should Be Banned Because Male Fetuses Masturbate

The Campaign to Ignore Sarah Palin

Did Progress Leave Christians Behind?

Arts & Culture

Ernest Hemingway: Dud KGB Spy?

The Joy of Singing Out of the Spotlight
By Richard Schickel

Let Nicholas Kristof Damage Your Mind

The Unwinding
By Marc Fisher

Digs

The Questions Education Reformers Aren’t Asking

Dig led by Mike Rose

Gore Vidal: His Life and Legacy

Dig led by Truthdig Staff

On Saudi Arabia: Its People, Past, Religion, Fault Lines—and Future

By Karen Elliott House
$28.95

Tesla’s Electric Stimulus Treatment

Filckr / jurvetson

A Model S Tesla electric car.

A joint partnership between Toyota and electric car manufacturer Tesla Motors, announced Friday, will provide $50 million to the latter firm while giving Toyota access to Tesla’s battery technology, a move that will help boost electric car production in the face of Toyota’s recent recall setbacks. —JCL

The BBC:

Toyota is to invest $50m (£35m) in US electric car company Tesla Motors, as the two firms announced a joint partnership to build electric vehicles.

The deal will give the Japanese giant a stake of about 2.5% in Tesla, which will build its new saloon model at a Toyota factory near San Francisco.

Analysts said Tesla, which was only formed in 2003, will benefit from Toyota’s mass production skills.

In turn, Toyota will be able to access Tesla’s electric battery expertise.

Read more

More Below the Ad

Advertisement

TAGS: auto manufacturer battery electric electric car environment tesla toyota zero-emissions

Related Entries

Email to a friend

Get truth delivered to
your inbox every week.

Previous item: Thai Government Says Order Has Been Restored

Next item: Obama Outlines National Security Doctrine

New and Improved Comments

If you have trouble leaving a comment, review this help page. Still having problems? Let us know. If you find yourself moderated, take a moment to review our comment policy.

By Eugenio Costa, May 22, 2010 at 11:06 am Link to this comment

Problems:

(1) the Chinese are likely 20 years ahead in battery technology, just as they have cornered the market in cheap solar power.

(2) the Chinese also see that the automobile is obsolete and requies an enormously expensive infrastructure. Neruda skewered it with—automovil criminal. Changing what is obsolete from gasoline to electric makes no sense at all.

Lots of luck.

Report this