Toyota Motor Corp has sold some of its shares in U.S. electric vehicle maker Tesla Motors Inc , the Nikkei financial daily reported. (s.nikkei.com/ZJyLgR) Toyota had formed a partnership with Tesla in 2010 and said it would invest $50 million in the U.S. company to develop parts and production systems for electric vehicles.
TOYOTA MOTOR CORPORATION is a Japan-based company mainly engaged in the automobile business and financial business. Shares of TM traded higher by 1.43% or $1.61/share to $113.88. In the past year, the shares have traded as low as $103.38 and as high as $130.48. On average, 324074 shares of TM exchange hands on a given day and today's volume is recorded at 277090.
Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Shares of TSLA traded higher by 1.66% or $3.84/share to $234.94. In the past year, the shares have traded as low as $116.10 and as high as $291.42. On average, 6042250 shares of TSLA exchange hands on a given day and today's volume is recorded at 2333570.
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