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Originally Posted by rob13572468
interesting turn to this story... Daimler just sold 40% of their tesla shares to Aabar...
this is kind of wierd for them to sell off what they just bought, granted its an equity stake so unless they traded it for cash (which they arent saying) Im gueesing there is something else going on...
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There are a lot of plays in venture investment. Ultimately, what Daimler did was increase the value of the company by making it plenty viable enough to get government loans, then sell a chunk of their stake to get their cash back out of the deal.
The short version is that for taking the risk of investing up front, Daimler probably ends up with a 6% holding in Tesla for "free."
Steve