Daimler casht well with shares of Tesla

Posted on 22-10-2014 at 8:51 by sir_smokalot – 14 Comments”

Daimler, the parent company of Mercedes-Benz and Smart, has after the Chrysler debacle but a very lucky had a hand in investments outside the company. The Germans now sell their remaining interest in Tesla, which is the concern of more than a half a billion dollar idea.

Although Daimlers stake in Tesla to completely disappear, this does not mean that the cooperation between both parties in the end. The current electric B-Class, which are now only sold in USA, Tesla-technology on board, and the few switches in the Model’s come directly from the E-Class.

The share of Tesla, that in 2010, at $19, opened, and sprayed up to a peak of almost $300 this year. Currently doing a share of $235. Daimler had its original a 9.1% interest, 4%. Now this realisation is made the company $780 million on account of credit, converted more than €600 million. We are gambling that there will be a glass of bubbles could, there on the top floor of the headquarters in Stuttgart.

Last year cashte Daimler 2.2 billion euros with the sale of a 7.5% stake in Airbus-maker EADS. Also, the Germans again, with a 12% stake in the Chinese BAIC. In addition, it works in China with BYD to elektromerk Denza.