Toyota RAV4 Electric Attracts Big Bucks
Published Thursday, 06 January, 2011 by Fletcher Jones Toyota Scion. Categories: News.
With the help of Toyota, Tesla may be able to be profitable while making drive trains that will help save the world.
Tesla does have big investments of its own, but while losing $50 Million each year to stay in business, cash goes quickly. However, Tesla is here to stay - and Toyota knows this, which is why they've joined with Tesla to make an all-electric RAV4.
According to the Wall Street Journal, this move could help Tesla earn something in the ballpark of $60 Million dollars.
"It's hard to say how much of their half-billion in funding they…
Tesla does have big investments of its own, but while losing $50 Million each year to stay in business, cash goes quickly. However, Tesla is here to stay - and Toyota knows this, which is why they've joined with Tesla to make an all-electric RAV4.
According to the Wall Street Journal, this move could help Tesla earn something in the ballpark of $60 Million dollars.
"It's hard to say how much of their half-billion in funding they…