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Abu Dhabi: TAQA sells 7% Tesla Motors stake

TAQA, in translation the Abu Dhabi National Energy Co, 75% owned by the Abu Dhabi government, announced on 8 April that it had sold its approximately 7% stake in the US EV manufacturer Tesla Motors for an unknown sum but realising a profit of US$113m on its investment.  The Tesla shares It’s time to log … Continued

TAQA, in translation the Abu Dhabi National Energy Co, 75% owned by the Abu Dhabi government, announced on 8 April that it had sold its approximately 7% stake in the US EV manufacturer Tesla Motors for an unknown sum but realising a profit of US$113m on its investment. 

The Tesla shares

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