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Live Blog: Daimler announces new strategic partnership with Tesla for EVs, takes 10% stake

In just a few minutes, Daimler will be starting a press conference with Dr. Thomas Weber, the head of R&D for Mercedes-Benz. Dr. Weber will be making an announcement about a new strategic partnership for electric vehicles. Most of the speculation at this point involves a possible investment in Tesla Motors. The startup is already supplying batteries and charging systems for the second generation Smart ED. 655am: We're just waiting for Dr. Weber to come to the podium 658am: It is Tesla. They just flashed a slide up on the screen with the ... Read more →

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