Tesla and Toyota Working Together Again

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At one point Toyota owned 3% of Tesla, 2010, then Toyota dumped Tesla holdings in 2017. Currently, Tesla and Toyota are working together again to finalize an agreement for Tesla to make a small size electric car. [links at bottom]

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It is reported that Tesla and Toyota have reviewed the partnership since last year and are approaching the final stage. According to an official from the Japanese automobile industry on the 28th , Tesla and Toyota are considering jointly developing a small electric SUV platform (the car’s basic skeleton). The partnership review has been conducted since last year. Toyota provides the vehicle platform to Tesla, and instead, Tesla provides some of the electronic control platform and software technology onboard its vehicle to Toyota.

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When the partnership with Toyota is established, Tesla will be able to launch a compact SUV electric vehicle at low cost using the Toyota platform. In addition , Tesla’s sales in Japan, which are around 1,000 units per year , are likely to increase significantly.

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Does that mean Toyota will eventually accept BTC for their vehicles?

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