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Toyota Motor Corp. has sold some of its shares in U.S. electric vehicle maker Tesla Motors Inc., the Nikkei financial newspaper reported.
Daimler AG, the parent of Mercedes-Benz, said earlier this week it sold its remaining 4 percent stake in Tesla for a gain of $780 million. Daimler took a 9.1 percent stake in Tesla for around $50 million in May 2009.
http://www.autonews.com/article/20141023/OEM/141029898/toyota-sells-some-tesla-shares-report-says