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pimg src=http://l.yimg.com/a/feeds/us/grn/green_ecogeek/daimler-tesla.jpg //ppOn Tuesday, Daimler bought a nearly 10 percent stake in Tesla Motors for a double-digit million sum. The two companies had already made a deal for Tesla to provide battery packs for Daimler’s all-electric a href=http://www.ecogeek.org/content/view/2475/69/Smart EV/a, set for release in 2012, but this new partnership will expand that relationship, seeing both companies bringing expertise to the other./ppElon Musk, Tesla’s CEO, said of the deal, Tesla brings expertise in the battery electric front. Daimler brings expertise in everything else. This will be a very productive relationship where both Tesla and Daimler benefit./ppTesla will no doubt look to Daimler for help with the production and launch of the Model S. It’s also possible that Tesla will begin using batteries from Li-Tek, a company that Daimler has a 49.1 percent share in, once they’re available./ppDaimler will be looking to Tesla for all things electric, including charging technology and how to quickly bring an electric car to market./ppIt seems to be a deal that will only be beneficial to both sides. Tesla needs the cash and Daimler needs a cutting edge start-up to help keep its line current./ppThe deal also includes a seat on Tesla’s board for Daimler’s VP of E-Drive and Future Mobility, Herbert Kohler./ppvia a href=http://www.wired.com/autopia/2009/05/daimler-tesla/Wired’s Autopia/a/p

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