Wednesday, May 23, 2007

Tesla To Sell Its Batteries To Other Electric Car Manufacturers

Inside Line reports: In a major development that is expected to spur development of batteries for electric cars in the United States, Tesla Motors has created a new division to sell batteries to other companies. The new division is being lauded as a bold step for Tesla that will help it expand faster while providing a launchpad for other electric-vehicle manufacturers.

Hey, I'm all for more fuel-efficient vehicles out there. And especially supportive of anything that might drop the price of this beauty.

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