After 6 years of losses nearing $260 million dollars, Elon Musk and Tesla Motors may have finally turned the corner. Following last month’s Initial Public Offering (IPO) that raised $226 million, it now appears that Tesla has struck a deal with the mighty Toyota.
You may recall our excitement back in May, when we reported on Toyota’s plan to create a hybrid version of the current RAV4 sport utility vehicle. We estimated the price of the hybrid RAV-4 to be around $30,000 and fuel economy to come in somewhere around 32-35 mpg.

