It looks as though Tesla’s IPO filings with the SEC may have been intended to draw attention away from the company’s recent tie-up with Toyota. In those filing Tesla commented that while there is an intention between both automakers to work together towards building a new electric car, “we have not entered into any agreements with Toyota for any such arrangement, including any purchase orders, and we may never do so.”
Those comments at first made it sound as though the whole project was some sort of PR stunt cooked up to give both company’s a little good press. Goodness knows Toyota could use it. We also speculated that perhaps the Governator had something to do with the scheme.
Now, however, those words are looking like an honest yet clever ploy at putting competitors at ease while Toyota and Tesla secretly work to bring an impressive new electric car to market – and soon. According to a report by Japan’s Nikkei business paper, the two companies have already begun working on a car with testing set to begin this year.
There’s no word on what sort of an electric vehicle this could be, from an electric powered Prius, to a fancy pants Lexus, to something we’d expect – like the FT-EV II Concept (above).