Yes, Tesla has big investments of its own, but when you're losing $50 Million per year to stay in business, that cash goes quickly. But Tesla is here to stay - and Toyota knows this, which is why they've joined with Tesla to make an all-electric Toyota RAV4.
According to the Wall Street Journal, this move could help Tesla earn something in the ballpark of $60 Million dollars.
"It's hard to say how much of their half-billion in funding they've spent," adds Crunch Gear, "but if they're sourcing out their tech, it probably indicates it's going to be a close call, though they do expect profitability once they release the more marketable Model S."
Check out the all electric RAV4 from Toyota and Tesla at Capitol Toyota - 2575 Mission St SE, Salem, OR 97302.
SOURCE: http://www.crunchgear.com/2010/12/17/toyotas-electric-rav4-expected-to-bring-60-million-to-tesla/
