Saudi Arabia's PIF said to have evinced no interest in financing Tesla buyout

Saudi Arabia's PIF said to have evinced no interest in financing Tesla buyout

A Tesla Inc. Model S electric vehicle is displayed at the company's showroom in Newport Beach, California, U.S. Photographer: Patrick T. Fallon/Bloomberg

Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc CEO Elon Musk’s proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said.

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