Tesla (TSLA) Ramps as Daimler Looks for More Opportunities

Tesla Motors (Nasdaq: TSLA) is positive Thursday following reports that it might get more business with one of the world's premier automakers.

Reuters reported today that Germany's Daimler is looking to expand is relationship with Tesla. Daimler CFO Bodo Uebber commented at a press briefing today, I told my guys, 'go back to Tesla and look for other opportunities' to work together ... We want to look for more cooperation.

Currently, Tesla supplies Daimler with electric motors and batteries for its Smart Fourtwo EV and Mercedes-Benz B-Class EV, which is set to go on sale next year in the U.S.

Daimler is reviewing plans for its next-generation of EVs, which should roll-out sometime in 2018.

Shares of Tesla are up 0.9 percent.

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