Toyota offloaded part of its 2.4% Tesla stake
|   Monday, November 03, 2014
The Japanese manufacturers Toyota has been sold off a part of its interest followed after Daimler just after days it cashed-in of its shares in electric vehicle Elon Musk company manufacturer. The Toyota-Tesla relationship collaboration of electric SUV RAV4, a joint development was been only sold in selected US urban areas.

However, within 22 months RAV4 EV front-wheel-drive developed into reality by electric powertrain and designed battery of underpin Tesla.
Also in 2012, SUV has firstly got unveiled and over the three years, 2600 rough examples was been produced. Hence, now that project is getting winding down and more emphasis is been put by Toyota on vehicles fuel cell ahead for future.

Although, Toyota have not yet been released anything about its specific sale details, but seems to report to held about 2.4% stakes in Tesla. Meantime, the Japanese company will be looking forward to collaborate potentially with new technical features in future.
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