Elon Musk confirms his bid to take Tesla private, backed by Saudi Arabia’s sovereign wealth fund
https://techcrunch.com/2018/08/13/elon-musk-confirms-his-bid-to-take-tesla-private-backed-by-saudi-arabias-sovereign-wealth-fund/
Yesterday I speculated that Elon Musk’s hints that he wanted to take Tesla private might well be possible with Saudi Arabia’s sovereign wealth fund backing it might not be as far-fetched as people think. Today Musk has published a statement claiming that he has been talking to the Saudi Arabian sovereign wealth fund (known in the country as the Public Investment Fund) about taking Tesla private for almost two years.
Indeed, he says, they approached him “multiple times about taking Tesla private.”
Elon Musk confirms his bid to take Tesla private, backed by Saudi Arabia’s sovereign wealth fund
Aug 13, 2018, 3:42pm UTC
https://techcrunch.com/2018/08/13/elon-musk-confirms-his-bid-to-take-tesla-private-backed-by-saudi-arabias-sovereign-wealth-fund/
> Yesterday I speculated that Elon Musk’s hints that he wanted to take Tesla private might well be possible with Saudi Arabia’s sovereign wealth fund backing it might not be as far-fetched as people think. Today Musk has published a statement claiming that he has been talking to the Saudi Arabian sovereign wealth fund (known in the country as the Public Investment Fund) about taking Tesla private for almost two years.
> Indeed, he says, they approached him “multiple times about taking Tesla private.”