Back in May, Tesla Motors came to an agreement with Toyota to buy the NUMMI plant in Fremont, CA. NUMMI was jointly owned by General Motors and Toyota before GM filed for bankruptcy last summer. When GM filed for chapter 11, it decided that it didn’t need the plant, transferring its stake of the ownership to Motors Liquidations (read: bad GM). Soon after, Toyota decided to shutter the plant and Tesla was happy to buy it.
Toyota’s deal with Tesla was for the plant and some surrounding land. The sale specifically excluded any production equipment used to build the Pontiac Vibe/Toyota Matrix and Toyota Tacoma. Now, however, Tesla has announced that it will purchase $15 million of the plant’s equipment from Toyota and Motors Liquidation Company. What kind of hardware are we talking about? We don’t know and Tesla didn’t say, but if we were to bet, we’d probably put our money on painting equipment and robots.
[Source: Autoblog]
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