BMW not interested in buying stake in Tesla: Wirtschaftswoche

By admin

Nov 28, 2014 11:46 AM EST

BMW not interested in buying stake in Tesla: Wirtschaftswoche
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.

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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