Tencent buys 5% stake in Tesla for $1.8 billion

Green Car Congress
By mmillikinMar 28, 2017, 10:19 am95 pts
China-based Tencent Holdings Ltd. has acquired a 5% stake (8,167,544 shares) in Tesla for an aggregate price of $1,777,842,836 (including commission), according to a Schedule 13G form filed by Tesla with the US Securities and Exchange Commission (SEC). Tencent acquired the shares through Tesla’s latest…

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