Toyota Ends Electric-Car Ties With Tesla

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In 2010, the two companies agreed on a comprehensive cooperation with the Japanese auto giant paying $50 million to buy 3.15 per cent of shares in the US electric automaker.

... and:
But their joint development has since decreased and Toyota sold all the Tesla shares it held by December last year as part of its effort to "review destinations for investment," the Asahi Shimbun reported.

... and:
The Corolla and Prius hybrid maker, meanwhile, has set up a joint team with its group companies to develop electric cars, it said.

Seen here:
https://auto.ndtv.com/news/toyota-ends-electric-car-ties-with-tesla-1707653
 
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