Wednesday, October 22, 2014

Daimler to Sell Stake in Tesla but Continue Cooperation


Daimler has just announced that it is giving up its four percent stake in Telsa Motors, for which it expects a return of $780 million. This, however, won’t affect the two companies continued cooperation, as the partnership has been deemed “very successful” by Daimler CEO Dieter Zetsche.
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