Tesla (NASDAQ:TSLA) Facing Criminal Probe Over CEO Musk’s Statements

Tesla (NASDAQ:TSLA) Facing Criminal Probe Over CEO Musk’s Statements

Tesla (NASDAQ:TSLA) Facing Criminal Probe Over CEO Musk’s Statements $TSLA Tesla (NASDAQ:TSLA) is under investigation by the Justice Department over public statements made by the company and Chief Executive Officer Elon Musk. The criminal probe is running alongside a previously reported civil inquiry by the SEC. Federal prosecutors opened a fraud investigation after Mr. Musk […]

Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid

Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid

Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid $TSLA Saudi Arabia’s PIF (sovereign wealth fund) signed an agreement to invest more than $1-B in aspiring US electric-car maker Lucid Motors Inc., a private company, months after building a stake in rival Tesla (NASDAQ:TSLA). The deal would give Lucid the funding to take it […]

How Close was Saudi Arabia to Buying Tesla?

How Close was Saudi Arabia to Buying Tesla?

How Close was Saudi Arabia to Buying Tesla? $TSLA With privatization plans now off the table, we investigate how close Saudi’s electric dream was to becoming a reality In what became one of the most intriguing and beguiling business stories of recent years, Saudi Arabia emerged as a leading player in the complex and now defunct […]

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid

Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid $TSLA, $SFTBY, $ORCL Tesla’s (NASDAQ:TSLA) CEO Elon Musk, 47 anni, once said PIF could help him fund the ‘420’ $72-B deal to take his fledgling EV maker private. PIF, the Saudi Arabian sovereign wealth fund is in late stage talks to invest in Tesla rival […]

Tesla (NASDAQ:TSLA) CEO Musk Struggling for Clarity in ‘420’ Surprise

Tesla (NASDAQ:TSLA) CEO Musk Struggling for Clarity in ‘420’ Surprise

Tesla (NASDAQ:TSLA) CEO Musk Struggling for Clarity in ‘420’ Surprise $TSLA Tesla Inc. (NASDAQ:TSLA)Chief Executive Elon Musk said Monday a 31 July  meeting with Saudi Arabia’s sovereign wealth fund convinced him he could secure funding to take the EV-maker private, but that he was still talking to the fund and other investors as he seeks […]

Saudi’s PIF Has No Interest in Banking Elon Musk in Tesla (NASDAQ:TSLA) Buyout

Saudi’s PIF Has No Interest in Banking Elon Musk in Tesla (NASDAQ:TSLA) Buyout

Saudi’s PIF Has No Interest in Banking Elon Musk in Tesla (NASDAQ:TSLA) Buyout $TSLA PIF’s reluctance will add to the pressure on CEO Musk to produce details of his financing plan. Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc (NASDAQ:TSLA) CEO Elon Musk’s proposed ‘420’ $72-B deal […]