Tesla Roadster - Click above image for high-res gallery

Just two months after buying 9% of Tesla Motors, Daimler has reportedly sold nearly half of that stake. According to Reuters, 4% percent of the electric car startup is now owned by Aabar Investments, an Abu Dhabi-based investment fund. In a way, the stake is still in the family, since Aabar already bought 9.1 percent of Daimler's stock earlier this year. At the time of its original investment, Daimler and the fund indicated an intention to pursue joint projects in low emissions transportation.

Aabar has indicated it would be interested in pursuing some kind of joint venture with Tesla. The fund is controlled by the Abu Dhabi government and managed by the International Petroleum Investment Company with the intent of diversifying beyond oil.

  • No. 2 - Tesla Roadsters are in production, albeit in small numbers still, and the company is still with us (for now at least). We've driven it and it's a wonderful sports car - even disregarding the powertrain. Factor in that electric drive and it's amazing. Unfortunately, recent financial issues have threatened the company's future. The investors seem committed to making Tesla survival so far.

Photos copyright ©2009 Drew Phillips / Weblogs, Inc.

[Source: Reuters]

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