Tesla, Toyota Teaming Up To Build EVs in California

Tesla has been getting plenty of support from major automakers recently. First Daimler grabbed a 10% stake in the auto startup last year, and now Gov. Arnold Schwarzenegger has revealed that Tesla and Toyota are teaming up to build an electric car in California. SFGate reports that Schwarzenegger let the news slip at today's Google I/O conference, but a larger press conference will be held later this afternoon.

Toyota's California manufacturing operations have been dormant since April, when...