Tesla teams with Daimler

We have done several posts about the Tesla over at Fixer & Gordon. This is pretty big, I think:

LATimes

German automaker Daimler said today it had bought an almost 10% stake in Tesla, giving a financial boost to the California-based electric car company.

Daimler, which owns Mercedes-Benz, didn't disclose the amount of the investment, saying only that, when priced in euros, the amount was in "eight figures."

Teaming with Daimler will give Tesla access to the German company's "engineering production and supply chain expertise," Tesla Chief Executive Elon Musk said in a statement.

I bet they're creamin' their jeans at Tesla over 'access' to good Kraut stuff like that!

The deal expands Daimler's access to Tesla lithium-ion battery technology. Under the agreement announced in January, Tesla agreed to provide 1,000 of the advanced batteries to Daimler this year and next.

I bet they're happy in Germany too! Sounds like 'Win-Win' to me.

Photos.