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by ihsw2
3376 days ago
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As mentioned by the other comment, board members get preferential information sharing. I would haphazard to guess that Tencent balked at the purchase price of a seat on the board of directors (eg: 20% stake or something to that effect) or Tesla opposed it on principle. Probably the latter and then Tencent moderated their stake offer. However, shareholders are afforded access regular updates on the financials of the company, which Tencent may be satisfied with on its own. |
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