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Monday, August 13, 2018

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

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.


from Reuters: Technology News https://ift.tt/2Mh7xe9

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