• Toyota-Tesla press conference, Palo Alto, California, on May 20, 2010

    We’re here at Tesla’s new headquarters in Palo Alto, Calif. live-blogging the announcement of a strategic partnership between Tesla Motors and Toyota. Tesla Motors CEO Elon Musk, Toyota President and CEO Akio Toyoda and California Governor Arnold Schwarzenegger are on stage. Elon Musk: This is one of the most exciting days in Tesla history as we are announcing this historic partnership. This consists of three major areas: Toyota is making a major investment in Tesla, we will be purchasing the NUMMI plant and making the Model S and other cars there, and finally we will create some electric...

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