Mercedes-Benz announced a Tesla Motors (TSLA 0.84%) powered vehicle yesterday. This is the latest win for the electric vehicle company, adding to a powertrain deal with Toyota (TM +0.77%) and its own Model S. Analyst Travis Hoium tells why he's excited about this latest move, and what to think about Tesla going forward.
Another car powered by Tesla Motors.
About the Author
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.