China’s Tencent Invests $1.78 Billion In Tesla, Gets 5% Stake
By Eric Loveday China’s Tencent Holdings is now a major stakeholder in Tesla Inc. A recent filing shows that Tencent now owns in excess of 8 million Tesla shares, making the company a 5% stakeholder. Only T. Rowe Price, Baillie Gifford, FMR and Elon Musk own more stake in Tesla than Tencent. To… …read more
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