Saudi Arabia might be interested in helping Tesla go private

Nearly a week after Tesla CEO Elon Musk tweeted his intention to take the company private, we still don't know much about the funding for the endeavor — which Musk said was "secured."

And while the U.S. Securities and Exchange commission is reportedly looking into Musk's claims, speculation is running wild. According to a Bloomberg report, published Sunday, part of the financing for taking Tesla private might come from Saudi Arabia's Public Investment Fund (PIF). 

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According to the report, which cites people with knowledge of PIF's plans, the fund is working to be a part of "any investor pool that emerges" to take Tesla private. The talks between the Saudi fund and Tesla reportedly began before Musk's tweet on Aug. 7.  Read more...

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