Exclusive: Saudi Arabia's PIF has shown no interest in bankrolling Tesla buyout

August 11, 2018 by  
Filed under News

Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc CEO Elon Musk’s proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said.

Source: Reuters Business News

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