2009
07.13

tesla-roadster

Back in May, Daimler AG acquired about ten percent of Tesla Motor’s equity interest. Reuters reports that Aabar Intesments has purchased 40 percent of Daimler’s share of the Silicon Valley-based electric car manufacturer. Ironically, Aabar Investments is controlled by the International Petroleum Invesment Company, which is owned by the Government of the Emirate of Abu Dhabi. It seems as if the world’s third-largest oil exporter is diversifying its investments in the wake of international environmental-consciousness. Brave new world, etc. [Source: Reuters]

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