Mercedes-Benz announced a Tesla Motors (NASDAQ:TSLA) powered vehicle yesterday. This is the latest win for the electric vehicle company, adding to a powertrain deal with Toyota (NYSE:TM) 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. 

Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends General Motors and Tesla Motors. The Motley Fool owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.