13-08-2018 17:54 via theguardian.com

Elon Musk says Saudi fund has offered to help take Tesla private

Musk said that the Saudi investment fund had approached him several times over the last two years with offers to help the struggling company go private
Tesla founder Elon Musk has announced that Saudi Arabia’s sovereign wealth fund has approached the electric car company with an offer to help take it private.In a blogpost published on Monday Musk wrote that the Saudi investment fund – which owns 5% of Tesla – had approached him several times over the last two years with offers
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