The move by the Shenzhen-based property giant comes as part of a drive to diversify into new markets that last year saw Vanke launch overseas projects that include a $620 million joint project in San Francisco with Tishman Speyer, as well as deals in Hong Kong and Singapore.he move by the Shenzhen-based property giant comes as part of a drive to diversify into new markets that last year saw Vanke launch overseas projects that include a $620 million joint project in San Francisco with Tishman Speyer, as well as deals in Hong Kong and Singapore.
Tesla has arguably the most compelling vehicles in the electric car business. A relatively small number of initial buyers, however, will be spread over a growing number of manufacturers. Value: Tesla is worth $2.7 billion and recently reported a quarterly loss of $34.9 million.
Musk framed the new venture as an extension of Teslaâs core mission. âThe whole purpose of Tesla is to accelerate the advent of sustainable energy,â Musk said. He said the future he wants consists of the solar roof, energy storage and electric cars. âItâs an obvious three-part solution.â In June, Tesla proposed buying SolarCity, the largest home solar-panel installer in the U.S., in an all-stock deal worth around $2.45 billion. Shareholders are expected to vote on the deal on Nov. 17.