Is Daimler still invested in Tesla?
In October 2014, both Daimler and Toyota sold their holdings of Tesla shares with a combined profit of over US$1 billion. On June 29, 2010, Tesla Motors launched its initial public offering on NASDAQ. In 2009, during a financial crisis, Daimler, a well-established car manufacturer, made an audacious move: it purchased nearly 10% of Tesla, a fledgling electric car company, for $50 million. This stake would be worth a jaw-dropping $55 billion today.Tesla, meanwhile, has made headlines in 2025 for a range of developments, including price cuts, Chinese competition and questions about its long-term direction. Buffett’s approach to value investing and Tesla’s unique risks might help explain why Berkshire does not have a stake in the automaker.