As Elon Musk Hunts Saudi Funding, Saudi Arabia Is Ready to Invest in a Tesla Rival: Report

It's not a done deal just yet, but a high-tech Tesla rival, headquartered just a few miles away from Elon Musk's Palo Alto, California base of operations, might receive the Saudi funding the Tesla CEO so desperately craves. According to sources who spoke to Reuters, PIF, Saudi Arabia's sovereign wealth fund, is ready to pour […] The post As Elon Musk Hunts Saudi Funding, Saudi Arabia Is Ready to Invest in a Tesla Rival: Report appeared first on The Truth About Cars. from The Truth About Cars https://ift.tt/2JU9HQx