Saudi fund May Only Play Minor Part in Elon Musk's $72 Billion Tesla Plan, Say Bankers

The Saudi PIF already holds about a 5 percent stake in Tesla. Saudi Crown Prince Mohammed bin Salman, who heads the PIF, is driving to diversify the Saudi economy beyond oil exports by developing new industries.

from Top Tech News- News18.com https://ift.tt/2MjBZVB