Tuesday, March 28, 2017

Tencent buys 5 percent stake in Tesla for $1.8B

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Tencent buys 5 percent stake in Tesla for $1.8B
Chinese internet giant forks out US$1.78 billion for a 5 percent stake in Tesla, days after the electric car maker says it is looking to raise funds to scale its business and bring its Model 3 to market.

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