Tesla Motors builds relationship with Daimler AG

When I think of Daimler AG (formerly Daimler-Benz/DaimlerChrysler), I think of Karl Benz – recognized as the inventor of the automobile (patented in 1886). When I think of Tesla Motors, I think of a company that has extreme potential to make a significant contribution during the electric car revolution. When you put the company that invented the automobile with the company that is revolutionizing the automobile, good things could happen.

On May 19th, Daimler AG acquired almost a 10% equity in Tesla Motors. See the full press release HERE. With Daimler’s global connections, this will most likely expedite the mass production of electric cars.

What do you think? Will alliances help the mass release of the electric car?

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Auto Upkeep 4th Edition

Michael Gray

Mike has roots in the automotive service industry. He began diagnosing and fixing cars at a young age in his family’s service station. He has worked in automotive parts supply stores, towing companies, and service facilities. After graduating from St. Cloud State University (MN) with a Bachelor’s degree, he implemented and taught a basic car care program at the high school level. During work on his Master’s degree at Illinois State University (IL), he was a curriculum specialist on a National Science Foundation project where he co-authored ten integrated mathematics, science, and technology books designed for team teaching. Mike has also supervised teachers in Career and Technology Education as a school system administrator.

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