Categories:

• Agriculture and Forestry
• Automotive
• Biotechnology and Pharmaceuticals
• Chemicals
• Construction and Maintenance
• Consumer Goods and Services
• Electronics and Electrical
• Energy and Environment
• Food and Related Products
• Industrial Goods and Services
• Information Technology
• Materials
• Real Estate
• Telecommunications
• Textiles and Nonwovens
• Transportation and Logistics

Popular Tags:

• player
• mp4
• mp4 player
• screen
• player screen
• screen mp4
• 4gb
• player 4gb
• 4gb mp4
• card
• slot
• player card
• 18inch
• inch
• 15inch
• inch mp4
• inch player
• flash
• style
• builtin

Home › Daimler sees $780 million windfall from sale of Tesla stake

 

Daimler sees $780 million windfall from sale of Tesla stake

2014-10-22 00:39:14| Auto Dealers - Topix.net

Daimler AG on Tuesday said it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc. A cooperation agreement to supply Mercedes-Benz cars with Tesla battery technology will remain unaffected by the sale, Daimler CEO Dieter Zetsche said in a statement . The sale of Daimler's stake in Tesla will result in a cash inflow of around $780 million, boosting earnings before interest and taxes by a similar amount for 2014.

Tags: sale million sees stake

Category:Automotive

Latest from this category

All news

»

04.10 Should you tip even if the service wasn't worth it? 04.10 Hurricane Kirk Graphics 04.10 Hurricane Kirk Forecast Discussion Number 22 04.10 Tropical Storm Leslie Forecast Discussion Number 10 04.10 Hurricane Kirk Wind Speed Probabilities Number 22 04.10 Hurricane Kirk Public Advisory Number 22 04.10 Summary for Hurricane Kirk (AT2/AL122024) 04.10 Tropical Storm Leslie Public Advisory Number 10 More »