Tesla is going back to supplying other automakers with new acquisition, could sell ‘the machine that builds the machine’
It’s not something that is well-known about Tesla since it wasn’t overly advertised on the consumer side, but electric vehicle development and manufacturing for other automakers was an important part of Tesla’s revenue stream for a while.
The company developed and manufactured electric powertrains for Mercedes’ smart EV and B-Class, and for the second generation of Toyota’s Rav4 EV. That ended last year with the end of Tesla’s involvement with the Mercedes B-Class electric program, but now Tesla is coming back as a supplier to other automakers through its latest acquisition. Expand