Five percent of Tesla Motors has just been purchased by Tencent Holdings Limited. For our audience, this could be interesting in two ways. First, Tesla Motors is currently home to Jim Keller, who designed several CPUs architectures at AMD and Apple, including AMD’s K8, Apple’s A4 and A5, and AMD’s recent Zen. Second, Tencent has been purchasing minority chunks of several companies, including almost half of Epic Games, five percent of Activision Blizzard, and a few others, but the move into automotive technologies is somewhat new for them.
From Tesla’s perspective, Tencent could be strong leverage into the Chinese market. In fact, Elon Musk tweeted to Bloomberg Business that they are glad to have Tencent “as an investor and advisor”. Clearly, this means that they consider Tencent to be, in some fashion, an adviser for the company.
Personally, I’m curious how Tencent will affect the energy side of the company, including their subsidiary, SolarCity. I don’t really have anything to base this on, since it’s just as “out of left field” for Tencent as automotive technologies, but it’s something I’ll be occasionally glancing at none-the-less.