Daimler initially acquired a 9.1% interest in Tesla in May 2009. 40% of that investment was transferred to Aabar Investments PJSC in the context of a joint strategic project in July 2009.

In May 2009, Tesla Motors and Daimler told the world they would work together on electric vehicles. It was a big deal – Tesla CEO Elon Musk has said the German automaker should get the credit ...

Also known as FCA US, Chrysler is the American subsidiary of the global automotive company Stellantis. Historically, Chrysler ...

A put ratio spread is an advanced option trade and generally not suitable for beginners, but it can have its place within an ...

There have been similar tie-ups between Tesla and Daimler, and Volvo and PSA, as well as a host of pacts between carmakers and tech firms. "Nobody knows what the future of mobility is going to be ...

When Musk found out, he fired key senior staff, promoted junior employees he believed had more drive and even called in Jerome Guillen, a Daimler executive, to revamp Tesla's repair centers.