Jump to content
CarForums

Toyota has sold all its shares in Tesla


MindPro

Recommended Posts

Toyota ends six-year shareholding with Tesla Motors.

tesla-toyota.thumb.jpg.6bed1ecca6d81408ae05ea7f1ec62410.jpg

 

Toyota revealed it had sold its entire stake in Tesla, as the two car makers abandoned plans to jointly develop electric cars. Japan’s biggest car maker bought a 3% stake in Tesla Motors for $50 million (£39m) in May 2010. It is believed to have made around 10 times that - £373m - by selling its remaining shares late last year.

 

Source news: CarMagazine

 

Edited by MindPro
Mistake in Title
Link to comment
Share on other sites

  • 4 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...