Tesla Moves Up in the World


Some interesting news is coming out of Tesla these days. Just a few months ago the small automaker signed a development deal with Toyota to jointly develop and produce EVs and related technology. This relationship has so far produced an all-electric RAV4. Now, it's been reported that Panasonic is taking a minority stake in Tesla, investing some $30 million. The two companies are interested in developing the next generation of battery cells for electric cars.

Panasonic also has a battery supply deal with Toyota, so it makes for all three companies to be in this intertwined partnership. As Tesla gathers up some serious partners, they're also making preparations for their upcoming dealer network. They have recently hired George Blankenship, who designed the Apple Store concept. On top of this, he also worked on the retail methods used by both Gap and Microsoft. According to Blankenship, he wants "to move the brand from the city outskirts into the city centre and to start getting people through the doors in big numbers."

You Might Also Like
10 Best V8 Engines Of All Time
10 Best V8 Engines Of All Time
Rare Cars Reborn After Devastating Crashes
Rare Cars Reborn After Devastating Crashes

Interesting comment, considering the base price of Tesla's only (so far) model on sale, the Tesla Roadster, is over $100k. Tesla claims they have 3,000 reservations for the upcoming (and cheaper and more practical) Model S sedan. With Blankenship's arrival, it'll be interesting to see if Tesla expands this number.

5 Things You Need To Know About The 2019 BMW X5

After driving the car for the first time, here are our key takeaways.

Watch The BMW M2 Competition Lap The Ring In 7:52

That was supercar territory not long ago.

Kim Jong-un Gets Classy With New Ride

So much for sanctions.

Drifting A 1,000-HP Corvette On Mountain Roads Takes Some Serious Skill

Thought drifting the entire Nurburgring was challenging? Try it in a 1,000-hp Corvette on a mountain road with no safety rails.

Hennessey Heritage Edition Ford Truck Makes More Power Than Anything You’ve Got

This crazy beast is even more powerful than the Ford GT.

Ford Imagines A Future With No Traffic Lights

Stopping at junctions could be a thing of the past in the future.

One-Off Ferrari 330GT Speciale Is A 50-Year-Old Dream Come True

This stunning coachbuilding project is a tribute to legendary Italian designer Giovanni Michelotti.

Students Create 600-HP Honda Civic Hybrid Rallycross Machine

Deep Orange 9 is our kind of school project.

Is The Jaguar XE SV Project 8 Way More Powerful Than Advertised?

Jaguar claims the super sedan has 592 horsepower under the hood.

What's Hot

Related Cars

Starting MSRP
Starting MSRP

Related Reviews

2016 Tesla Model S Review: Easy To Love But Hard To Commit To
Test Drive
2016 Tesla Model S Review: Easy To Love But Hard To Commit To
2018 Tesla Model S Review
Model Overview
2018 Tesla Model S Review