Elon Musk Says Saudi Investment Fund Could Help Him Take Tesla Private
The Tesla CEO, reportedly under scrutiny by federal regulators for earlier statements, says the Saudi fund is looking to diversify away from oil with a bigger investment in the electric car company.
by Avie Schneider
Aug 13, 2018
2 minutes
When Tesla CEO Elon Musk announced last week that he was considering ending the automaker's 8-year run as a publicly traded company, he indicated that he had found the money to do it.
"Am considering taking Tesla private at $420. Funding secured," Musk tweeted.
Musk is reportedly under
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