http://earth2tech.com/2010/05/20/toyota-tesla-team-up-on-electric-cars-in-cali/
"Tesla Motors, the electric car startup backed by $465 million in government loans, will help Toyota build a new electric vehicle in California, according to Governor Arnold Schwarzenegger. Speaking at the Google headquarters in Mountain View, Calif. on Thursday, the Governator said that Tesla and Toyota are “forming a partnership, where they take one of the Toyota cars and make them electric.”
"Tesla Motors, the electric car startup backed by $465 million in government loans, will help Toyota build a new electric vehicle in California, according to Governor Arnold Schwarzenegger. Speaking at the Google headquarters in Mountain View, Calif. on Thursday, the Governator said that Tesla and Toyota are “forming a partnership, where they take one of the Toyota cars and make them electric.”