EV Fan
03-30-2017, 03:01 PM
Tesla has gained significant financial backing by way of a 5-percent investment by Chinese tech giant Tencent Holdings. The company’s $1.78 billion stake in the electric automaker, or about 8.2 million shares makes it Tesla’s fifth-largest shareholder. The first four largest shareholders consist of CEO Elon Musk and investment companies Fidelity, Baillie Gifford, and T. […]
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More... (http://www.hybridcars.com/chinese-tech-giant-tencent-buys-5-percent-of-tesla/)