Tencent buys 5% stake in Tesla for $1.8 billion
Green Car Congress
MARCH 28, 2017
Tencent acquired the shares through Tesla’s latest registered offering of common stock (17 March 2017, earlier post ) and through open market purchases. In 2015, Taiwan-based Hon Hai Precision Industry Co Ltd., Carsten Breitfeld, formerly the VP of Engineering and Head of the i8 vehicle program at BMW.
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