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View Full Version : Daimler Sells Tesla Shares



EV Fan
10-23-2014, 06:36 PM
Yesterday Daimler AG announced it has reorganized its cooperation with Tesla Motors Inc. In doing so, the German automaker terminated the share-price hedge it initiated in 2013 and has sold its approximately 4-percent stake in Tesla. Daimler explained it initially acquired a 9.1 percent interest in Tesla in May 2009 for an estimated $50 million. […]
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