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Tesla Opens First Showroom In Oil-Rich Saudi Arabia
The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showroom in oil-rich Saudi Arabia -- where hybrid cars are still not a common sight.
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Pic Shows Saudi Arabia's Prince Posing With His Tesla Cybertruck, Elon Musk Reacts
The image shows the prince standing beside a Tesla vehicle while making the peace sign with his fingers.
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Tesla, Saudi Arabia In Early Talks For Electric Vehicle Factory: Report
Saudi Arabia is in early talks with US electric automaker Tesla to set up a manufacturing facility in the kingdom, the Wall Street Journal reported on Monday, citing sources familiar with the matter.
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Elon Musk Had 'Handshake Deal' for Tesla Takeover Before Posting 2018 Tweets, Former Aide Says
Elon Musk's former chief of staff Sam Teller testified during a Tesla shareholder trial on Wednesday that Elon Musk believed he had a "handshake deal" with representatives from Saudi Arabia's Public Investment Fund to take the company private. Teller's testimony came on the ninth day of a trial triggered by a class-action lawsuit filed on behalf of...
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"Was Told Saudi Crown Prince Was On Board": Elon Musk In Tesla Tweet Trial
Elon Musk on Monday told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.
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Elon Musk's 'Tesla Funding Secured' Tweet Inaccurate and Reckless, Says Court
Elon Musk's 2018 tweets that said funding was secured to take Tesla private was inaccurate and reckless, a US court said. The court further stated that "there was nothing concrete" about financing from Saudi Arabia's sovereign wealth fund at that time.
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Elon Musk's Latest $7 Billion Twitter Funding Could Face US Regulator Scrutiny: Experts
Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter runs the risk of inviting the kind of regulatory scrutiny over US national security that social media peer TikTok faced, as per legal experts.
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Saudi Arabian Fund PIF Invests $1 Billion in Tesla Rival Lucid Motors
The infusion represents a coup for Lucid Motors, a startup whose leadership includes six former Tesla executives, including an engineer who oversaw the design of the Tesla Model S.
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Musk Confirms Saudi Sovereign Fund Wants To Pull Tesla Off Market
Tesla Motors founder Elon Musk said on Monday that in late July he met with Saudi Arabia sovereign fund representatives to discuss the electric carmaker's possible exit from the stock market. Musk said in a statement posted on the Tesla Web site that the Saudi sovereign fund had first contacted him "at the beginning of 2017 to express (their) inter...
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Saudi Oil Money May Give Elon Musk The Private Tesla Of His Dreams
If Saudi Arabia ultimately does provide the multibillion dollar financing needed to take Elon Musk's Tesla car company private, it would represent the boldest move yet in the kingdom's campaign to build a post-oil future.
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Saudi Fund Express Support For Taking Tesla Private: Elon Musk
Tesla Inc Chief Executive Officer Elon Musk said the Saudi Arabian sovereign wealth fund has expressed support for funding a deal that could take the electric car maker private.
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Saudi Arabia's PIF Said to Not Be Interested in Helping Elon Musk in Taking Tesla Private
A Bloomberg report says PIF is in talks that could see it become a significant investor in Tesla as part of the take-private plan but has made no firm decision.
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Saudi Arabia's PIF Has Shown No Interest In Bankrolling Tesla Buyout
Saudi Arabia's Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc CEO Elon Musk's proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year.
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Elon Musk Considering Taking Tesla Private In $72 Billion Deal
In a letter to Tesla employees published more than an hour later on the company's blog, Elon Musk explained that going private would be "the best path forward."
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Tesla Opens First Showroom In Oil-Rich Saudi Arabia
The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showroom in oil-rich Saudi Arabia -- where hybrid cars are still not a common sight.
-
Pic Shows Saudi Arabia's Prince Posing With His Tesla Cybertruck, Elon Musk Reacts
The image shows the prince standing beside a Tesla vehicle while making the peace sign with his fingers.
-
Tesla, Saudi Arabia In Early Talks For Electric Vehicle Factory: Report
Saudi Arabia is in early talks with US electric automaker Tesla to set up a manufacturing facility in the kingdom, the Wall Street Journal reported on Monday, citing sources familiar with the matter.
-
Elon Musk Had 'Handshake Deal' for Tesla Takeover Before Posting 2018 Tweets, Former Aide Says
Elon Musk's former chief of staff Sam Teller testified during a Tesla shareholder trial on Wednesday that Elon Musk believed he had a "handshake deal" with representatives from Saudi Arabia's Public Investment Fund to take the company private. Teller's testimony came on the ninth day of a trial triggered by a class-action lawsuit filed on behalf of...
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"Was Told Saudi Crown Prince Was On Board": Elon Musk In Tesla Tweet Trial
Elon Musk on Monday told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.
-
Elon Musk's 'Tesla Funding Secured' Tweet Inaccurate and Reckless, Says Court
Elon Musk's 2018 tweets that said funding was secured to take Tesla private was inaccurate and reckless, a US court said. The court further stated that "there was nothing concrete" about financing from Saudi Arabia's sovereign wealth fund at that time.
-
Elon Musk's Latest $7 Billion Twitter Funding Could Face US Regulator Scrutiny: Experts
Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter runs the risk of inviting the kind of regulatory scrutiny over US national security that social media peer TikTok faced, as per legal experts.
-
Saudi Arabian Fund PIF Invests $1 Billion in Tesla Rival Lucid Motors
The infusion represents a coup for Lucid Motors, a startup whose leadership includes six former Tesla executives, including an engineer who oversaw the design of the Tesla Model S.
-
Musk Confirms Saudi Sovereign Fund Wants To Pull Tesla Off Market
Tesla Motors founder Elon Musk said on Monday that in late July he met with Saudi Arabia sovereign fund representatives to discuss the electric carmaker's possible exit from the stock market. Musk said in a statement posted on the Tesla Web site that the Saudi sovereign fund had first contacted him "at the beginning of 2017 to express (their) inter...
-
Saudi Oil Money May Give Elon Musk The Private Tesla Of His Dreams
If Saudi Arabia ultimately does provide the multibillion dollar financing needed to take Elon Musk's Tesla car company private, it would represent the boldest move yet in the kingdom's campaign to build a post-oil future.
-
Saudi Fund Express Support For Taking Tesla Private: Elon Musk
Tesla Inc Chief Executive Officer Elon Musk said the Saudi Arabian sovereign wealth fund has expressed support for funding a deal that could take the electric car maker private.
-
Saudi Arabia's PIF Said to Not Be Interested in Helping Elon Musk in Taking Tesla Private
A Bloomberg report says PIF is in talks that could see it become a significant investor in Tesla as part of the take-private plan but has made no firm decision.
-
Saudi Arabia's PIF Has Shown No Interest In Bankrolling Tesla Buyout
Saudi Arabia's Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc CEO Elon Musk's proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year.
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Elon Musk Considering Taking Tesla Private In $72 Billion Deal
In a letter to Tesla employees published more than an hour later on the company's blog, Elon Musk explained that going private would be "the best path forward."
