Mercedes Introduces Tesla-Powered Car
Mar 29th 2013 2:58PM
Updated Mar 29th 2013 3:00PM
Forget what you've heard about delays with the Model X. Tesla Motors shareholders can expect their company to introduce at least one game-changing vehicle in 2014. Only it'll be Mercedes-Benz that builds the car.
And that's good news, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova. A small, but growing, portion of Tesla's revenue is derived from creating fully electric drivetrain systems for other car manufacturers, including Mercedes and Toyota Motor . The Electric Drive looks to be Mercedes' first attempt to make good on its relationship with, and 4.3% equity stake in, Tesla.
Will the Electric Drive help push Tesla to new highs? Let us know where you stand on Tesla in the comments box below.
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The article Mercedes Introduces Tesla-Powered Car originally appeared on Fool.com.Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.Motley Fool newsletter services have recommended buying shares of Tesla Motors. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.
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