Daimler sells Tesla stake, cooperation to be continued  [ Germany ] [ USA ]

Daimler announced on October 22 that it has reorganized its cooperation with Tesla Motors and has decided to sell its stake in Tesla of about 4 percent. Daimler initially acquired a 9.1% interest in Tesla in May 2009. Tesla has been listed on the stock exchange since the end of June 2010. As a result of capital increases at Tesla, Daimler’s stake in the company decreased to around 4%.The ...
<Oct 22, 2014>