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Saudi Sovereign Fund Buys Big Stake In Tesla | Swfi - Sovereign Wealth Fund Institute

by swfinstitute.org posted 2months ago 56 views
Saudi Arabia’s Public Investment Fund (PIF), the kingdom’s sovereign wealth fund, purchased a large stake in Tesla, Inc. (formerly Tesla Motors). PIF acquired a 3% to 5% stake in the electric auto manufacturer. The exact date and time of the share purchases are unknown to the public. According to current share price figures of Tesla, […]