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Toyota & Tesla talking $1 Billion deal?

Discussion in 'News' started by Norbert, Aug 4, 2011.

  1. Norbert

    Norbert TSLA will win

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  2. PopSmith

    PopSmith Saving for a Model 3

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    They posted it not too long ago but cited AutoObserver which might be why you didn't notice it yet.

    Tesla talking billion dollar deal with Toyota? - Autoblog Green

    While I'm definitely not a business expert a $1B deal, depending on the details, would almost be an acquisition by Toyota in my eyes. Tesla's market cap is currently $2.37B so a $1B deal is ~42% of their current (market) worth if I understand things correctly.

    Tesla Motors Inc: NASDAQ:TSLA quotes & news - Google Finance
     
  3. stopcrazypp

    stopcrazypp Well-Known Member

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    The only thing I can think of that would need $1 billion is Bluestar. Tesla might partner with Toyota to do Bluestar (maybe have a Toyota/Lexus clone version?). Just like How Toyota and Subaru are partnering on the FRS and will have clone versions.

    It would solve the problem of getting the supply chain and tooling to build it, although the NUMMI plant is probably big enough to handle Bluestar.
     
  4. TEG

    TEG TMC Moderator

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    Yep... Although don't call it NUMMI anymore... "The Tesla Factory."
     
  5. Doug_G

    Doug_G Lead Moderator

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    Not at all. Buying goods from a company doesn't give you shares. Also they didn't say that would all be in one year, did they? It could be a five-year deal for example.
     
  6. Norbert

    Norbert TSLA will win

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    At this point it seems there is true cooperation between Toyota and Tesla. If Tesla wasn't Tesla, it would not have been able to now provide that which may be worth $1 billion. Hence Toyota will not buy Tesla. :)
     
  7. efusco

    efusco Moderator - Model S & X forums

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    Tesla Says Its Talking $1 Billion Deal With Toyota - AutoObserver

     
  8. NigelM

    NigelM Recovering Member

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    Toyota refers to itself as TMC..... :wink:
     
  9. AnOutsider

    AnOutsider S532 # XS27

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  10. efusco

    efusco Moderator - Model S & X forums

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    Ah, sorry, searched for a relevant thread but didn't think to look in there. Mods can feel free to delete.
     
  11. Norbert

    Norbert TSLA will win

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    #11 Norbert, Aug 4, 2011
    Last edited: Aug 4, 2011
    If Toyota makes Tesla drive trains a key component of their EV strategy for the foreseeable future, it would make sense for a large part of the deal to go towards buying a long-term commitment from Tesla. And, Toyota will want Tesla's survival to be more or less guaranteed. This would also speak in favor of making a deal early, even if it is a large one. Also, at this point in time, Tesla probably has a much stronger interest in such a deal, then it would after successfully establishing Model S on the market.
     
  12. AnOutsider

    AnOutsider S532 # XS27

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    They may even spin it out who knows... it's a pretty big topic in itself
     
  13. Jaff

    Jaff Active Member

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    From past articles I've read, the Tesla factory, under it's former ownership, was supposedly capable of manufacturing 500,000 cars / year.

     
  14. ckessel

    ckessel Active Member

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    My take away from a $1B deal is that, hopefully, it means both Telsa and Toyota can support Tesla auto servicing. One of my concerns was that Telsa wouldn't be able to afford service centers in anywhere close to the ubiquitous nature Toyata (or other manufacturers) have them. If Toyota ends up that heavily invested in Tesla's technology though, they'll be heavily invested in being able to service it too.
     
  15. efusco

    efusco Moderator - Model S & X forums

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    Interesting thought that hadn't occurred to me...though it should have since I'm in an area pretty remote from any of the current Tesla shops...Southwest Missouri.
     
  16. tdelta1000

    tdelta1000 Active Member

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    For a Tesla fan like myself, the news was good to hear. The deal potential deal between TM and TMC would further strengthen Tesla Motor's philosophies about EVs. If a deal goes through, I think it would be historical as well.
     
  17. vfx

    vfx Well-Known Member

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    Isn't this called a takeover?
     
  18. doug

    doug Administrator / Head Moderator

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    Discussion moved here, thanks. =)
     

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