Automakers

Fiat Chrysler will effectively fund Tesla's German factory, investment bank says

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By:
Gabrielle Coppola
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By:
Bloomberg
|
January 10, 2020 09:09 AM

NEW YORK -- Fiat Chrysler Automobile's deal to pool its fleet with Tesla to comply with stricter emissions rules in Europe is in effect funding the electric-car maker's upcoming Germany factory, according to a U.S. investment bank.

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