Report: Tesla to team up with Daimler on an electric Mercedes

Although Tesla has the upcoming release of both the Model S and the Model X, the up and coming automaker has been producing components for some more established brands in the meantime.

During the automaker’s fourth-quarter earning report, which revealed that the Model X unveiling earned about $40 million from preorder deposits, and the latest projects the company has been working on, as well.

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Tesla is providing the powertrain for the Smart Fortwo electric drive, along with the next Rav4 EV. As for the Smart, Daimler is getting a bit of return on the investment they made in the company, and they have Tesla assisting with creating an electric Mercedes-Benz. No additional information on the Mercedes project has been released yet.

– By: Alexandra Koken

Source: AutoWeek