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Toyota, no longer the beast

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Reuters: No longer the beast, Toyota strives for beauty - Nov 7, 2011

Toyoda surprised even his chief engineer, Takeshi Uchiyamada, with last year's shock tie-up with Tesla Motors Inc (TSLA.O) after only a month after hitting it off with the electric vehicle start-up's young founder, Elon Musk. In the end, the executive vice president credited Toyoda for achieving his main goal of having the Silicon Valley company's entrepreneurial spirit rub off, at least on a small scale.

When the Tesla team came up with an electric prototype of Toyota's RAV4 crossover in just three weeks to display at the Los Angeles auto show, young Toyota engineers challenged themselves to do it faster.

"They used their own free time and converted an old (Toyota) MR-S sports car into an electric car in 16 days," Uchiyamada recalled earlier this year. "If we did things the old way, we wouldn't even have a proposal in that time."

Looks like that car company is getting a healthy dose of reality.
 
Certainly no surprise here. Toyota dislikes electric cars with a passion and will only make them when forced to do so.

Yes, and that's good news for Tesla, besides the drive trains and battery packs for the 2600 RAV 4EVs they will produce in t he next 3 years, the longer Toyota stays asleep, the more time it gives Tesla to perfect their manufacturing capabilities. By the time they wake up, game over for Toyota. We are probably in for a bout of hyperinflation and dollar devaluation like we've never experienced before, China is attempting a run on the "petrodollar"

Petro Dollar Going the Way of the Dodo Bird as China Begins Selling Oil Using Yuan | SilverDoctors.com

Petro Dollar Died on Sept 6th 2012 , and was Replaced by to Petro Yuan: Articles and Newsletters; Lindsey Williams on Radio Liberty Sept 11 2012 : The most significant day in the ...

As the decoupling of the dollar to oil continues to take hold, what do you think is going to happen to the cost of a barrel of oil and a gallon of gasoline? EVs can't be manufactured fast enough...