Tesla shares rise on report Saudi Arabia sovereign wealth fund has $2 billion stake

Tesla shares rise on report Saudi Arabia sovereign wealth fund has $2 billion stake

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/08/07/tesla-shares-jump-on-report-saudi-arabia-sovereign-wealth-fund-has-2-.html

Saudi Arabia's sovereign wealth fund has acquired a significant position in Tesla shares, according to a Financial Times report.

The media outlet said the Saudi's Public Investment Fund bought a three percent to five percent stake in the electric carmaker, according to people with direct knowledge of the matter.

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