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Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares - Car Talk (2) - Nairaland

Nairaland Forum / Nairaland / General / Car Talk / Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares (7405 Views)

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Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by chiefoluigwe(m): 8:58am On Apr 04, 2017
AutoReportNG2:

A filing with the Securities and Exchange Commission confirms that the second highest valued tech firm in Asia purchased 8,167,433 shares in the Silicon Valley electric startup. The move sent Tesla's share price up by three per cent in pre-market trading and makes Tencent one of Tesla's largest shareholders, Tech Crunch reports.

You really think Tesla is still a startup
Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by ttmacoy: 9:05am On Apr 04, 2017
Wallowing in in intellectual penury, tribalism and superiority complex within the tribes bawo?

We have the highest number of Churches per capita and can boast of some of the richest pastors in the world grin.


Ugosample:
Other climes making progress, and breakthroughs, while my dear Africa is wallowing in intellectual penury, tribalism and superiority complex within the tribes

Africa has a long way to go mehn, and we need to be serious
Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by Ugosample(m): 9:10am On Apr 04, 2017
ttmacoy:
Wallowing in in intellectual penury, tribalism and superiority complex within the tribes bawo?

We have the highest number of Churches per capita and can boast of some of the richest pastors in the world grin.



I like your sarcasm bro grin grin grin

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Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by Nobody: 9:18am On Apr 04, 2017
Five percent with $1.7b.. The owner of Telsa (Elon Musk) from South Africa is damn wealthy
Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by Nobody: 9:23am On Apr 04, 2017
Dottore:
Look at the way Chinese firms are infiltrating every country and recording progressive growth everyday. Before you know it they will make an offer that Tesla can't refuse and Tesla will sell or become minor shareholders.
Chinese government have a way of throwing their heavy weight behind Chinese corporations to make viable acquisitions and mergers.
Look at what they did to General Motors, Ford, Volvo etc.
honestly... They will soon buy more percent in Tesla if Elon musk is not careful..
Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by Nobody: 9:29am On Apr 04, 2017
Celestyn8213:
I am not understanding anything.
its quite unfortunate u are not understanding anything..
Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by baba4thegehs: 10:29am On Apr 04, 2017
That is the company is worth about $163 Billion shocked

That's a good deal. I'm sure their equity policy allows them have control over their equity structure.
They can decide to buy it back either in fraction or full at a given time.

They are basically raising capital for investment projects
Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by tectonotimes: 1:32pm On Apr 04, 2017
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Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by 14(m): 10:54pm On Apr 04, 2017
Danty37:
Five percent with $1.7b.. The owner of Telsa (Elon Musk) from South Africa is damn wealthy

On top of that, Tencent is 35% owned by South africa's Naspers, which owns Multichoice.

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Re: Chinese Tech Giant Tencent Buys $1.7 Billion Worth Of Tesla Shares by Nobody: 6:29am On Apr 05, 2017
14:


On top of that, Tencent is 35% owned by South africa's Naspers, which owns Multichoice.
waw waw waw waw waw.... Lemme stop sounding like a siren... These guys really changing the world in automobile and technology..

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