Toyota gets Tesla stake, Tesla gets Toyota factory

Sunday, May 23rd, 2010 at 21:12

£750m government funding for UK car and nuclear industries under threat
At least £759 million worth of government funding earmarked by Lord Mandelson to nurture Britain’s car and nuclear industry is under threat, The Times has learnt.
Toyota gets Tesla stake, Tesla gets Toyota factory
* Toyota to invest $50 mln in Tesla, sees stake about 2.5 pct