Tuesday 13 November 2018
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Channel News Asia - 3 month ago

Exclusive: Saudi PIF in talks to invest in aspiring Tesla rival Lucid - sources

PIF, the Saudi Arabian sovereign wealth fund that Tesla Inc CEO Elon Musk has said could help him fund an offer to take his electric car maker private, is in talks to invest in aspiring Tesla rival Lucid Motors Inc, people familiar with the matter said on Sunday.

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