A private Tesla backed by Saudi Arabia might not be as far-fetched as you think

This week the business and tech world was stunned when Elon Musk hinted on August 7, via Twitter of course, that he wanted to take Tesla private. The estimated price tag for such a move is commonly put at up to $72 billion. Shortly after that no ‘white knights’ appeared and Tesla’s shares plummeted. But […]

A private Tesla backed by Saudi Arabia might not be as far-fetched as you think

This week the business and tech world was stunned when Elon Musk hinted on August 7, via Twitter of course, that he wanted to take Tesla private. The estimated price tag for such a move is commonly ...

Sun 12 Aug 18 from TechCrunch

Tesla may get help from Saudi Arabia in its bid to go private

Tesla may recruit an unusual ally in its effort to become a private company and take more control over its fate. A Bloomberg source has claimed that Saudi Arabia's Public Investment ...

Sun 12 Aug 18 from Engadget

Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source

Public Investment Fund, Saudi Arabia's sovereign wealth fund, has bought a minority stake in Tesla at just below 5 percent, a source familiar with the matter said on Tuesday.

Tue 7 Aug 18 from Reuters Technology

Saudi sovereign fund builds 3 to 5 percent stake in Tesla: FT

Saudi Arabia's sovereign wealth fund, overseen by Crown Prince Mohammed bin Salman, has built a significant stake in Tesla Inc, the Financial Times reported on Tuesday, citing people with direct ...

Tue 7 Aug 18 from Reuters Technology

  • Pages: 1

Bookmark

Bookmark and Share