Toyota to invest in Tesla Motors

Tesla Motors have driven a rocky road but now seem to be a firmer footing as Toyota agree to invest $50 million in the electric sports car manufacturer.

Tesla will benefit from Toyota's mass production know-how as it attempts to put an all-electric saloon (sedan) car on the market. In return, Toyota will gain increased knowledge in battery powered vehicles. Toyota is the manufacturer of the Prius hybrid car but has suffered in recent months from a recall of vehicles with faulty accelerator pedals and breaking systems.

BBC - Toyota investing $50m in electric car firm Tesla Motors