Tesla and Daimler are set to collaborate on a new electric Mercedes-Benz. According to Gigaom.com, the fourth-quarter earnings report released by Tesla earlier this week revealed the company is set to supply a full powertrain for an unnamed electric Mercedes-Benz in the near future.

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Those components include a motor, transmission, inverter and all of the software necessary to keep the car whirring along. Funds from the deal are supposed to begin trickling in by the second quarter of this year, though no details about production timing or volume were available in the report.
Full story: Autoblog