Saudi PIF denies of funding Tesla to make it private
Beeps By | Aug 13 2018

Saudi Arabia's Public Investment Fund is reported have shown no interest of financing the US electric car maker Tesla to take make it private. Earlier, its CEO Elon Musk had announced a proposed $72 billion deal in this regard. Reports said that PIF was not involved any funding process for Tesla's take-private deal except minor stakes in the firm.

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