Holding 5%! Tencent becomes the fifth largest shareholder of Tesla

According to the SEC document, as of March 24, 2017, Tencent Holdings holds a 5% passive stake in Tesla. According to media data, Tencent has now become the fifth largest shareholder of Tesla.

According to media reports, Elon Musk currently holds about 21% of shares, Fidelity Investments holds 14%, Baillie Gifford holds 8.2%, and T. Rowe Price holds 7.3%, which are the top four shareholders.

After the news, Tesla's stock price reversed its decline before the US stock market and turned it up by nearly 3%.

According to media reports, Tencent’s holding of this time is a non-active holding, which means that Tencent is not yet actively involved in the operation of Tesla.

Tencent has recently been making efforts on artificial intelligence. In addition to its recent investment in Tesla, Tencent also established an AI lab before, and hired former director of the Baidu Big Data Lab to manage its artificial intelligence (AI) project.

Wall Street News has compiled how Tencent has developed artificial intelligence in the past two years:

On March 23, 2017, Tencent announced that it had hired Zhang Wei, the head of Baidu Big Data Lab, to manage its artificial intelligence (AI) project.

On September 22, 2016, Tencent announced the establishment of an AI laboratory for basic theoretical research and engineering implementation of AI. At the same time, it announced the official launch of the robot open platform to share Tencent's AI core technologies such as computer vision with its partners.

On March 19, 2017, in the 10th UEC Cup that ended in Tokyo, the artificial intelligence Go program developed by Tencent AI Lab, an artificial intelligence laboratory of Tencent, won the championship. In the field of artificial intelligence has been low-key or even unknown, Tencent, relying on this product to the outside world to declare the exploration of AI.

Recently, Tencent said that the company has hired former director of Baidu Big Data Lab Zhang Qian to manage its just-initiated artificial intelligence (AI) project. This move demonstrates Tencent’s ambition to increase its competitiveness in the AI ​​field.

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