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-   -   Toyota and Tesla's unravelling relationship has finally ended (https://hameed.nwar.uk/vb/showthread.php?t=2376183)

rss 06-05-2017 05:43 PM

Toyota and Tesla's unravelling relationship has finally ended
 
Toyota and Tesla's unravelling relationship has finally ended
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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...

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