Elon Musk confirms his bid to take Tesla private, backed by Saudi Arabia’s sovereign wealth fund

Yesterday I speculated that Elon Musk’s hints that he wanted to take Tesla private 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 […] https://ift.tt/2MF5gGA Mike Butcher August 13, 2018 at 12:00PM