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China's Tencent Buys 5% Stake in Tesla

Tesla gained a potential key ally in China after the country's most valuable company, Tencent, bought a 5% stake in the electric-vehicle maker.

Ford Excited to Bring Back the Ranger and Bronco

Ford said it will inject $1.2 billion into three more Michigan plants. Joe Hinrichs, Ford President of the Americas, told the FOX Business Network’s Stuart Varney the plans include an $850 million investment in the revival of the Ranger and Bronco.