tesla buyout
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Report: Saudi Arabia May Be Planning A Major Bid For Tesla’s Leveraged Buyout
The official sovereign wealth fund of the Saudi Arabian government may be considering a major investment in Elon Musk’s electric car giant Tesla, and sources say it is “in talks” to do so after Musk let slip via Twitter that he is considering taking the company private in a $US60-billion-plus deal at $US420 a share.