Toyota formally ends partnership with Tesla

By Martim Facada
Published: Monday, 05 June 2017

Japanese car manufacturer Toyota announced it has completed the sale of its stake in Tesla Motors following the termination of the contract at the end of 2016, ending the previous partnership between the companies.

In 2010, Toyota (TMMC) and Tesla agreed to jointly work on the manufacturing of electric vehicles, with the Japanese company acquiring 3.15% of...

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