Daimler AG acquires a stake in Tesla Motors Inc.

On May 19, 2009, Daimler AG acquired a stake in Tesla Motors Inc., an automotive company in California, United States.

Deal at a glance

AnnouncedMay 19, 2009 TypeStake Purchase TargetTesla Motors Inc. Buyer Daimler AG SectorAutomotive LocationCalifornia, United States ValueNot disclosed

Target company

Tesla Motors Inc.

California, United States

Tesla Motors Inc. was founded by a group of silicon valley engineers who set those electric vehicles are awesome. It was founded in 2003 and based in the California United States.

Automotivesector

-founded

Activestatus

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Buyer

Daimler AG

Company · 14 deals on record

2nd transaction in automotive
3rd transaction in United States

14deals, all time

4in this sector

2017latest

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Questions about this deal

Who acquired Tesla Motors Inc.?Daimler AG acquired a stake in Tesla Motors Inc. on May 19, 2009.

What type of deal was it?It was a stake purchase in the automotive sector in 2009.

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