Toyota and Tesla Part Ways Toyota Motor Corp (NYSE:TM) is backing out of its partnership with Tesla Inc (NASDAQ:TSLA), but there's nothing to worry about. The Tesla stock price is still hitting all-time highs. Here's what happened. Back in 2010, Toyota bought 3.15% worth of Tesla's outstanding shares. (Source: "Toyota ends partnership with Tesla," Raw Story, June 4, 2017.) The Toyota investment was worth about $50.0 million. The post Tesla Investors Needn’t Worry About Toyota Pullout appeared ...
Toyota and Tesla Part Ways Toyota Motor Corp (NYSE:TM) is backing out of its partnership with Tesla Inc (NASDAQ:TSLA), but there's nothing to worry about. The Tesla stock price is still hitting all-time highs. Here's what happened. Back in 2010, Toyota bought 3.15% worth of Tesla's outstanding shares. (Source: "Toyota ends partnership with Tesla," Raw Story, June 4, 2017.) The Toyota investment was worth about $50.0 million. The post Tesla Investors Needn’t Worry About Toyota Pullout appeared ...
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