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On March 28 Tencent announced that it had bought 8,167,544 shares or $1.78 billion of Tesla stock on the open market and through Tesla’s stock offering about two weeks ago. Since Tesla “only ...
Chinese technology giant Tencent Holdings Ltd. has bought a 5% stake in electric car and solar firm Tesla Inc., according to a regulatory filing submitted Tuesday.
Tencent's 5% stake alone is unlikely to allow Tesla a large impact in the China market due to the government's policy to support domestic auto-makers.
Tencent, one of China’s most valuable companies, paid roughly $1.8 billion for its 5% stake in Tesla. Tencent purchased 8.17 million shares through a recent Tesla stock offering and the open ...
Early yesterday, news broke that China's most valuable company, Tencent Holdings had acquired a 5% stake in Tesla. In a 13G filing with the SEC, Tencent Holdings revealed a 8,167,544 share stake ...
When researchers at the Chinese firm Tencent hacked a Tesla S, the carmaker pushed out a new security feature known as code signing to millions of vehicles.
Elon Musk might be Tesla's top shareholder, but he's not the only big fish in this pond. Chinese tech firm Tencent has invested $1.78 billion in the electric car manufacturer, in exchange for a 5 ...
Tesla is still doing "great work" and will continue to do so despite Elon Musk's focus on Twitter, according to Tencent's David Wallerstein.
The Pentagon on Tuesday added Tesla battery-maker Contemporary Amperex Technology, or CATL, and internet and gaming giant Tencent Holdings to its list of companies it says have ties to the Chinese ...
Tencent, one of China's most valuable companies, paid roughly $1.8 billion for its 5% stake in Tesla. Tencent purchased 8.17 million shares through a recent Tesla stock offering and the open ...