BMW not interested in buying stake in Tesla: Wirtschaftswoche
By Reuters
Nov 30, 2014 12:00 AM EST
Regions
The logo of German luxury car maker BMW-Mini is pictured in front of the BMW headquarters in Munich March 18, 2014. BMW will hold its annual news conference in Munich tomorrow. (Photo : Reuters)
Germany's BMW (BMWG.DE) is not interested in buying a stake in U.S. electric carmaker Tesla Motors (TSLA.O), German weekly WirtschaftsWoche reported on Friday, citing a BMW statement.
Earlier this week, a Tesla spokeswoman said there had been informal talks between the companies, but there were no plans to set up an alliance.
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