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Chinese technology giant Tencent Holdings Ltd. has bought a 5% stake in electric car and solar firm Tesla Inc., according to a regulatory filing submitted Tuesday.. The $1.8-billion investment ...
Tencent & Tesla. Tencent invested about US$1.8 billion in building up its 5% stake in the company. At the time Elon Musk referred to Tencent as "an investor and an adviser".
Early yesterday, news broke that China's most valuable company, Tencent Holdings had acquired a 5% stake in Tesla. In a 13G filing with the SEC, Tencent Holdings revealed a 8,167,544 share stake ...
That slice of the pie cost Tencent more than $1 billion. X. Your Guide To a Better Future. Trending AI Tech VPN ...
According to a Securities and Exchange Commission filing dated March 24th, Tencent Holdings Ltd. has purchased a five percent stake in the company—8,167,544 shares to be exact.
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U.S. Adds Tencent and Tesla Supplier to Its Chinese Military List. Why ‘Pandora’s Box’ Has Opened for Chinese Stocks. - MSNThe Pentagon on Tuesday added Tesla battery-maker Contemporary Amperex Technology, or CATL, and internet and gaming giant Tencent Holdings to its list of companies it says have ties to the Chinese ...
Tesla will "keep blowing our minds" despite Elon Musk's focus on Twitter, a Tencent executive said. "I would count on them [Tesla] to keep blowing our minds with what they do with technology ...
Tencent, known as one of the world’s largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billion.
In the world of electric vehicles, there’s a Chinese company outdoing Elon Musk’s Tesla. And it’s just getting started. BYD, the Shenzhen-based Chinese EV champion, eclipsed Tesla in annual ...
Tesla has a big new investor from China. Technology company Tencent has purchased $1.8 billion of Tesla stock, giving it a 5 percent ownership in the futuristic car company.
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