Daimler Sells 40% of Its Stake in Tesla Motors to Aabar Investments
Green Car Congress
JULY 13, 2009
Daimler AG has sold 40% of its equity interest in Tesla Motors to its new major shareholder Aabar Investments PJSC (Aabar), of Abu Dhabi, in their first joint strategic project. In May, Daimler AG acquired an equity interest of just under 10% in Tesla Motors Inc. for about $50 million (€36 million). Earlier post.)
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