Event
Tesla and Toyota announce EV partnership and NUMMI collaboration
Toyota and Tesla announced they intend to cooperate on EV development, parts, production systems and engineering support. Toyota also agreed to purchase $50 million of Tesla common stock in a private placement.
Evidence notes
- Toyota announced a $50 million investment in Tesla as part of the partnership.
- The companies said they would cooperate on electric vehicles, parts, and production systems.
- Tesla linked the announcement to plans to produce Model S at the Fremont NUMMI facility.
Company context
Tesla is an automotive and AI company developing Optimus, a general-purpose humanoid built on its autonomy, battery, and vertically integrated manufacturing stack.
Context
- Company
- Tesla
- Segment
- Automotive
- Event type
- Partnership
- Added to Korthos
- Feb 13, 2026
- Geography
- Austin, Texas · United States