30 Apr '12, 8am

Abu Dhabi National Energy Sells Stake in Tesla Motors - Hybrid Cars News #ev

Abu Dhabi National Energy Sells Stake in Tesla Motors - Hybrid Cars News #ev

As a result, the Tesla stock purchase was never deemed a core asset by the Energy concern, so the sale doesn’t come as much of a surprise for many analysts. Now that it’s made a tidy little sum from the stock sale, Abu Dhabi National Energy plans to use the funds to pursue opportunities more in line with it’s core business; namely expansion in oil and gas operations in the Middle East and North Africa regions.

Full article: http://www.hybridcars.com/news/abu-dhabi-national-energy-...

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