Daimler snaps up 10 per cent stake in Tesla

James S Murray
clock • 2 min read

Electric cars take another step towards the mainstream as auto giant buys into emerging market

German auto giant Daimler has acquired a 10 per cent stake in US electric car firm Tesla, in a deal that the two companies said would unite the "inventor of the automobile and the newest member of the...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

BT: Digital network upgrades could cut UK emissions by over 3.4 megatons

BT: Digital network upgrades could cut UK emissions by over 3.4 megatons

Report details how retiring ageing analogue networks across the NHS, energy industry, and other key sectors could slash emissions and cut energy costs by £1.4bn a year

James Murray
clock 29 September 2025 • 2 min read
Global Briefing: First global trade association for battery storage launches

Global Briefing: First global trade association for battery storage launches

The Global Solar Council extends its remit, plans advance for France's largest renewables project, and Kazakhstan moves forward with its first SAF plant

James Murray
clock 26 September 2025 • 8 min read
Can the UK manage both the cost and carbon from its push for AI growth?

Can the UK manage both the cost and carbon from its push for AI growth?

The UK could power data centres 43 per cent more cheaply with renewables than nuclear, according to a new analysis that argues offshore wind microgrids could power AI growth

Stuart Stone
clock 26 September 2025 • 8 min read