Pricewheels.com

  • Home
  • | Contact Us |
  • New Cars
  • Used Cars
  • Auto Loans
  • What Car Can I Afford
  • Car News

Daimler Buys 10% Stake in Tesla Motors

Research
  • See pricing and all the information you need to pick the right new car.

  • New Cars

  • Used car technical specifications, gas mileage, safety ratings, reviews and more.

  • Used Cars
Extended Warranty
  • Don't get caught off guard by expensive repair bills. Protect yourself today.

  • Get Extended Warranty on Your Vehicle
Get Auto Loan Rates
State:
Zip:
Loan Type:
Loan Amount:

Get New Car Quote
Make:
Model:

Find Car Parts
Year:
Make:
Model:

May 19th, 2009 by Ross Edwards

In a press conference this morning, Daimler announced that it will be purchasing 10% of electric car maker Tesla Motors. As part of the deal, Tesla will provide battery packs to be used in electric Smart cars, according to Left Lane News.  In turn, Daimler will agree to provide engineering support and possibly a platform for the upcoming Model S electric car.

Tesla has struggled to deliver cars on time and has been forced to increase the retail price of its Roadster. A partnership with Daimler, which owns Mercedes-Benz, could add some much needed stability and economy of scale to Tesla’s vehicles.  The partnership could also lead to electric Benzes if the technology proves successful in the Smart and the Tesla Model S.

Tesla is planning to launch the Model S electric sedan in 2012 for the U.S. market. The Tesla Model S will sell for $49,000 and will have a 300 mile range. A quick charge for the Model S will take just 45 minutes.

tesla model s picture

Picture Via Tesla Motors.


Posted in Automotive | 1 Comment

One Response to “Daimler Buys 10% Stake in Tesla Motors”

  1. on 20 May 2009 at 12:51 pm1  Survey Asks Car Owners Single Most Important Question: "Would You Recommend It?" | PriceWheels Blog

    […] Auto Pacific has released the results of their recent survey which asked 25,000 car, truck and SUV owners whether they would recommend their vehicle to a friend or family member.   This is the best test of a car’s value.  Most cars are very likeable, but in order for a person to put their reputation on the line and recommend a car to their friends and family, they have to really love it. […]


EXTENDED WARRANTY QUOTE

Protect your vehicle with an extended warranty! Get a fast free quote on affordable extended warranties for used and new cars here!

Get an Extended Warranty !

CHECK INSURANCE RATES

Don't forget to factor insurance costs into your research. Get accurate insurance rate information on any vehicle and shop for the best deal.

See How Much You Can Save!

AUTO LOAN QUOTE

Get real price quotes from local dealerships. Don't buy a car without checking the price first! Pit dealers against each other to get the best deal possible!

Explore Your Financing Options!


  • Auto Loan Center
  • Free Auto Loan Quote
  • Auto Loan Calculator
  • Car Loan Rates
  • Auto Rebates & Incentives
  • Auto Loan News
  • Brake Pad Center
  • Buy Brake Pads
  • Types of Brake Pads
  • Brake Shoes
  • Changing Your Brake Pads
  • Air Shock Center
  • Air Shocks
  • Air Bags
  • Load Levelers
  • Air Conversion Kits
  • Air Springs
  • Shock Center
  • Shocks
  • Air Bags
  • Load Levelers
  • Air Conversion Kits
  • Air Springs

New Cars | Finance | Privacy Policy | News Letter | Unsubscribe | About Us | Dealer Program | Affilliate Program | Site Map | Jobs | Do Not Sell My Personal Information

© Copyright 2002 - {$smarty.now|date_format:"%Y"}. PriceWheels, LLC. All rights reserved.

{literal} {/literal}