Tesla Wins Tencent Backing With 5% Stake as Musk Races for Cash - Bloomberg
Bloomberg | Tesla Wins Tencent Backing With 5% Stake as Musk Races for Cash Bloomberg Tesla Inc. got a vote of confidence from Chinese Internet giant Tencent Holdings Ltd., whose purchase of a 5 percent stake boosts Elon Musk's ambitions to get his mass-market Model 3 electric sedan to buyers this year. Tencent paid about $1.8 billion ... Your Next Company Car Could Be a Tesla China's Tencent bought a 5 percent stake in Tesla Tencent of China Takes 5 Percent Stake in Tesla |