Elon Musk's Tesla Will 'Keep Blowing Our Minds:' Tencent …
Jan 20, 2023 · A Tencent executive who helped lead the Chinese tech giant's 2017 investment in Tesla said he believes the electric car firm will "keep blowing our minds," despite Elon Musk being distracted by...
Tesla shareholder Tencent backs Elon Musk despite Twitter …
Jan 20, 2023 · Tencent, known as one of the world's largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billion. Last year, Elon Musk purchased Twitter, a move...
Tencent Shares Slide After Pentagon Blacklists Chinese Tech Giant …
Jan 7, 2025 · Chinese internet giant Tencent’s shares slumped sharply on Tuesday after the company was added to a Pentagon blacklist for its alleged links with the Chinese military, prompting criticism from...
U.S. Adds Tencent and Tesla Supplier to Its Chinese Military List
The Pentagon on Tuesday added Tesla battery-maker Contemporary Amperex Technology, or CATL, and internet and gaming giant Tencent Holdings to its list of companies it says have ties to the Chinese ...
US-China Tensions Escalate in 2025: CATL Blacklisted, Tencent
CATL dominates the global battery market, supplying major EV makers like Tesla and Ford. While the designation doesn’t directly affect business operations, it could deter U.S. companies and pave ...
China's Tencent buys 5% stake in Tesla - BBC News
Mar 28, 2017 · Chinese tech giant Tencent has spent $1.78bn (£1.4bn) on buying a 5% stake in electric carmaker Tesla. Tencent, best known for its WeChat mobile app, has been investing in a number of sectors,...
Tesla Wins Tencent Backing as China Tech Giant Buys 5% Stake
Mar 28, 2017 · Chinese Internet giant Tencent Holdings Ltd. bought a 5% stake in Tesla Inc. (IW 500/227), a vote of confidence in Elon Musk and his ambitions to take on more mass-market carmakers by bringing the Model 3 sedan to market.
Chinese firms Tencent, CATL added to Defense Department blacklist
Jan 7, 2025 · The updated blacklist, published Tuesday on the federal register, also includes the company Contemporary Amperex Technology Co. Ltd. (CATL), which makes batteries for Tesla, the electric car...
How Washington's tag on China's CATL could affect Tesla
Jan 7, 2025 · Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a tight spot, challenging how he balances his role in the Trump...
Pentagon to blacklist China’s largest EV battery and tech firms
Jan 7, 2025 · Valued at more than $480 billion, Tencent saw its stock drop by almost 10 percent Monday following the announcement. “Tencent’s inclusion on this list is clearly a mistake,” the company said ...