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Business trends

Toyota-Tesla tie-up goes kaput

Japanese automaker to go its own way in electric car market

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In this file photo, Tesla CEO Elon Musk shakes hands with Toyota Motor President Akio Toyoda in Tokyo on Nov. 12, 2010.   © Reuters

NAGOYA -- Toyota Motor has terminated its business and capital partnership with U.S. electric car maker Tesla, The Nikkei learned on Saturday.

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