Report: Saudi Arabia May Back Tesla’s $420-per-Share Buyout
Bloomberg News reported on Sunday that Saudi Arabia’s Public Investment Fund is interested in participating in a potential Tesla Inc. buyout for up to $82 billion.
The Sovereign Wealth Fund Institute, which tracks stock purchase by national funds, reported on August 7 that J.P. Morgan had helped Saudi Arabia’s Public Investment Fund acquire between 3 and 5 percent of Tesla’s shares for between $1.7 to $3.2 billion.
https ://www.breitbart.com/california/2018/08/13/report-saudi-arabia-may-back-tesla-420-a-share-buyout/