Tesla gets a deep-pocketed ally as it prepares to launch its mass-market Model 3
Thu, Mar 30, 2017 - 5:50 AM
A Tesla Model X electric SUV charging in Washington, DC. Analysts say Tencent could help Tesla sell - or even build - cars in China.
CHINA's Tencent Holdings Ltd has bought a 5 per cent stake in US electric car maker Tesla Inc for US$1.78 billion, the latest investment by a Chinese Internet company in the potentially lucrative market for self-driving vehicles and related services.