How Tesla defined a new era for the global auto industry

Discussion in 'Car Related News Section' started by Halbot, Jul 26, 2020.

  1. Halbot

    Halbot Platinum Member

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    [​IMG] Tesla Inc's rapid rise to become the world's most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how. Tesla's ascent took many investors by surprise. Daimler, which bears the name of the man who invented the modern car 134 years ago, bought a nearly 10% Tesla stake in May 2009 in a deal which provided a $50 million lifeline for the struggling start-up.
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    How Tesla defined a new era for the global auto industry originally appeared on Autoblog on Sun, 26 Jul 2020 08:01:00 EDT. Please see our terms for use of feeds.

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