The Traderszone Network

Published in TZ Latest News 29 March, 2017 by The TZ Newswire Staff

Huge Growth In China By Tesla Inc Likely Spurred Tencent Stake

From StockNews.com: Tesla Inc (NASDAQ:TSLA) shares jumped yesterday after news that Chinese investing giant Tencent Holdings had taken a passive 5% stake in the company.

Since then, analysts and investors have been wondering two things: why Tencent made the move, and why now?

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