Toyota decides to sell all of it shares of Tessa to unload the ties with the U.S. shares and move on with further plans. What could have led to such a big plan and why was this something they decided to change their mind on? Was Tesla something that just didn’t turn out to be a good idea after all?
- Toyota sold all of its remaining shares in Tesla after a year end review
- Toyota and Tesla had a partnership since 2010
- Toyota has a new in house unit to work on electronic vehicles.
“In describing his test drive of the Tesla Roadster about a month earlier, Akio Toyoda, president of Toyota, said he felt “the wind of the future”.”