Tuesday 25 September 2018
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Channel News Asia
1 months ago

Saudi fund may only play minor part in Musk s US$72 billion Tesla plan: Bankers

RIYADH: Elon Musk told investors this week that obviously, the Saudi sovereign fund has more than enough capital needed to finance taking Tesla private. The fund is estimated to have over US$250 billion in assets. But it is not that simple. The Public Investment Fund (PIF) has many claims on ...

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