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Abu Dhabi Buys 40% of Daimler's Tesla Motors Stake Posted by TreeHugger 1 year 25 weeks ago - Tags: 
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Photo: Aabar
I'm Sure Conspiracy Theorists Are Paying Attention
Back in May, Daimler bought a 10$ stake in electric car maker Tesla. But once you own something, you can resell it. That's what Daimler just did; it sold 40% of its Tesla stake (or 4% of Tesla) to Abu Dhabi-based Aabar Investments. "This investment allows Daimler and Aabar to leverage their shared interest in the development of low-CO2 drive systems," the companies said in a statement. But what does this mean?...
. Full story @ treehugger.com |
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