A regulatory filing revealed that Tencent, a Chinese investment firm, has bought a 5% stake in Elon Musk’s Tesla for $1.8bn. The purchase makes the electric-carmaker the second-most-valuable company in America’s automotive industry, after General Motors. Tencent, a prolific dealmaker, has already backed ventures in social media, e-commerce and mobile gaming. Tesla’s shares rose on the news.
Regulatory filing: 监管备案
Automotive:汽车的
Prolific:多产的
Venture:企业
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