Why Toyota and Daimler Looked At And Passed On Tesla - GLG News
It is far cheaper for Global 1000 manufacturers to pay technology developers for a look-see at their wares than to try and develop tens of thousands of even good ideas in-house.
Toyota and Daimler follow this rule of limiting their costs on reserach and development.
For this reason, primarily, they both paid some money or, in the case of Toyota, gave a discount to Tesla for a look at its battery use technology.
Neither one seems to have been impressed.
The pump and dump press has ignored this.