Tesla Buying Toyota’s ex-NUMMI Plant in EV Joint Venture

Edmunds.com - May 20, 2010

In a joint part­ner­ship between Tes­la and Toy­ota, elec­tric vehi­cle devel­op­ment takes a broad leap. Tes­la will buy the Fre­mont, CA NUMMI plant Toy­ota once shared with GM, and Toy­ota will buy a $50 mil­lion stake in Tes­la, already pro­duc­ing elec­tric cars.