Is Saudi Arabia Buying Tesla? Elon Musk Opens up About Taking Company Private
http://www.newsweek.com/will-tesla-go-private-elon-musk-says-funding-secured-tweet-linked-saudi-money-1070396
Tesla CEO Elon Musk elaborated on plans to take his company private, revealing in a Monday blog post that Saudi Arabia was interested in bankrolling the move.
The acknowledgment came after Musk faced criticism—and legal action—for claiming on Twitter last week that funding was already “secured” for the deal. It confirmed a report published by Bloomberg on Sunday which said the Saudi’s Public Investment Fund was interested in Tesla.