[vit05]

Is this showing that they haven´t found a Chinese company that could compete against tesla? China is investing a lot in Solar energy, batteries and have car companies that want to become global players, and most of Tencent investments are on Chinese companies that make products focused on China and Asian markets. I do not know if they buying in open market tells more about Tesla potential or about China future in cars and energy.

https://www.crunchbase.com/organization/tencent#/entity

[shawn-furyan]

A $2B investment doesn't really preclude other similar future plays for a $200B company. So I think there's not enough information to draw that sort of conclusion.