Toyota Working With Tesla for New Electric Vehicle

Toyota has teamed up with Tesla in their latest move to curb the alternative energy market - their latest partner is none other than the famous electric vehicle maker Tesla, who has begun working on a brand new electric-powered Toyota RAV4. Nothing is set in stone as of yet, but rumors from sources inside Toyota put the value of the deal around $1 billion - a big chunk of change, but definitely a worthy one. As auto transporters can attest to, Toyota is still one of the best-selling brands in the United States, and their stock is only going to continue to go up. For Tesla, who has been looking for a way to turn a major profit after financial troubles over the past few years, this comes as a welcome lifeboat for a dying company.