Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million. The buyer was not disclosed. The Germany-based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected. Tesla made the battery packs and chargers for the two-seat electric smart and developed part of the electric drive system in the B-Class Electric Drive. Tesla shares fell $2.64, or 1.1 percent, to $232.70 in after-hours trading.

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BING NEWS:
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