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  • Safi Bello

Report: Saudi Arabia May Be Planning a Major Bid for Tesla's Leveraged Buyout

Gizmodo ------- 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 $60-billion-plus deal at $420 a share, Bloomberg reported on Sunday. To learn more click on the picture below to read the article.

Report: Saudi Arabia May Be Planning a Major Bid for Tesla's Leveraged Buyout - Read More from Gizmodo

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