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Toyota sells entire stake in Tesla

Published Sun, Jun 4, 2017 · 09:50 PM

Beijing

TOYOTA Motor Corp has sold its stake in Californian electric carmaker Tesla Motors Inc, a spokeswoman for Japan's largest carmaker said on Saturday.

The sale marks the end of the collaboration between the two companies for now, Toyota spokeswoman Akiko Kita said. Toyota held 1.43 per cent in Tesla as of July 2016, according to data compiled by Bloomberg.

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Transport & Logistics

Toyota sells entire stake in Tesla

KEYWORDS IN THIS ARTICLE

Transport & Logistics

Hyundai Motor plans to add hybrids to US plant within current investment

Boeing cargo plane lands in Istanbul without front landing gear, no casualties

Uber shares tumble on surprise net loss, weak second-quarter forecast

New law increases control of ownership, management of critical transport firms in Singapore

Premium for big car COEs tops S$105,000 while that for mainstream cars hovers below S$95,000

Toyota sees 20% full-year profit decline after blockbuster Q4

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