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    Elon Musk reveals where he plans to get funding to take Tesla private

    by James F. Peltz and James Rufus Koren, Los Angeles Times Aug 13, 2018 5 minutes

    Tesla Chief Executive Elon Musk said Monday that his tweet about having "secured" funding to take the electric-car maker private were based on meetings with Saudi Arabia's sovereign fund that left him "with no question" that they could strike a deal.

    But others remained unconvinced that the billionaire has yet secured the tens of billions of dollars likely needed to buy Tesla and turn it into a private company, or that he has eased the concerns of the market regulators scrutinizing his comments.

    In a blog post Monday, Musk said he met July 31 with a fund representative who "expressed regret" that Musk had not taken steps to take the company private. Little more than a week later, Musk tweeted that he was considering taking the company

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