Saudi fund said to be in talks to invest in Tesla buyout deal


The Public Investment Fund, which has built up a stake just shy of 5% in Tesla in recent months, is exploring how it can be involved in the potential deal, said the people, who asked not to be identified talking about the matter. Discussions began before the controversial Aug. 7 tweet by Musk, who is Tesla’s co-founder and chief executive officer, saying he was weighing a plan to take the company private.



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