Mercedes-Benz Parent Daimler Divests Itself of Tesla Holdings
Daimler has sold its share in Tesla in its entirety. In 2009, the German carmaker acquired 9.1 percent of Tesla, which was in a dire financial position at the time; it then divested 40 percent of that stake to Abu Dhabi later that year. Both companies have worked together closely. For a while, the last-gen […]
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