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Monday, August 20, 2018 16:44 GMT
Elon Musk has painted an idyllic picture of a private Tesla Inc operating away from investor scrutiny and short-seller attacks. But in casting Saudi Arabia’s sovereign wealth fund as a key player to allow him freer rein, he’s given them leverage to exert significant influence. The Tesla chief executive officer has said the Saudi Public Investment Fund’s interest alone justified his recent claim that he had the funding secured to buy out some investors. The outsize role Musk described the fund...More