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Toyota and Tesla's unravelling relationship has finally ended
Toyota and Tesla's unravelling relationship has finally ended
http://i.amz.mshcdn.com/c-IcRFbqtwZg...b6914281c3.jpghttp://a.amz.mshcdn.com/assets/feed-...8be198fb13.jpghttp://a.amz.mshcdn.com/assets/feed-...6a4ca77139.jpg The partnership between Toyota and Tesla has finally wound to an end. The Japanese car marker on Saturday an**unced that it had sold the last of its stake in Tesla, as it prepares to launch its own purely electric car. SEE ALSO: Elon Musk promises smoother new autopilot for Tesla cars According to former engineers, a culture clash had emerged between the two companies, with Toyota's conservative "safety first" style of engineering going up against Tesla's risk-taking approach.* Toyota had bought about 3 percent of Tesla for $50 million in 2010. The Japanese company had said, at the time, that it was impressed by "Tesla's start-up culture", with Tesla CEO, Elon Musk, calling the partnership "historic". Read more... More about Tesla, Elon Musk, Electric Cars, Toyota, and Hybrid Carshttp://pubads.g.doubleclick.net/gamp...0&c=1496655973 http://feeds.feedburner.com/~r/Mashable/~4/vUkBFihRZeg |
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