Daimler AG Wants More Out of Tesla Motors

Prof. Dr. Thomas Weber - Member of the Board of Management of Daimler AG: Group Research & Mercedes-Benz Cars Development 1 photo
Photo: Daimler AG
We're guessing everyone knows that Daimler AG infused Tesla Motors with money when they were a bit cash strapped in 2009, and that the Germans now own a 4.3 per cent stake in the electric car company.
In return for Daimler pretty much saving Tesla four years ago, they have so far received EV components such as electric motors and batteries for the smart fortwo EV and the upcoming Mercedes-Benz B-Class Electric Drive.

Reuters quoted Daimler's chief financial officer saying that the Germans might want a bit more than just a couple of bites from the Tesla Motors electric pie.

“I told my guys, go back to Tesla and look for other opportunities to work together. We want to look for more cooperation.” said Bodo Uebber, Daimler's chief financial officer, quoted by Reuters.

To us, this could only mean that either more electric cars from Mercedes-Benz and smart are coming or that the German car giant might be preparing to buy more stake in Tesla Motors, maybe even taking them over completely in the next couple of years, but we'll just have to wait and see.

Story via Reuters
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About the author: Alex Oagana
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Alex handled his first real steering wheel at the age of five (on a field) and started practicing "Scandinavian Flicks" at 14 (on non-public gravel roads). Following his time at the University of Journalism, he landed his first real job at the local franchise of Top Gear magazine a few years before Mircea (Panait). Not long after, Alex entered the New Media realm with the project.
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