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Blog Tencent Buys 5% of Tesla

Discussion in 'Tesla, Inc.' started by TMC Staff, Mar 28, 2017.

  1. TMC Staff

    Joined:
    May 19, 2017
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    240
    Chinese internet giant Tencent Holdings Ltd. has bought a 5% stake in Tesla Inc. The $1.8 billion stake was revealed in a regulatory filing and makes Tencent one of the largest holders of Tesla shares. Tesla CEO Elon Musk acknowledged the investment on Twitter in a reply to a Bloomberg article. @business Glad to have...
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