Musk said the basis for his statement was conversations with Saudi Arabia’s Public Investment Fund
Saudi Public Investment Fund
Elon Musk
Saudi’s Public Investment Fund breathes new life Into Tesla rival Lucid
Lucid had delayed the launch of the Air due to lack of funds, but now plans to start producing it in 2020
Elon Musk
Saudi Arabia’s PIF invests $1bn in Tesla rival Lucid Motors
The funding will be used to pave the way for the commercial launch of Lucid’s first electric vehicle, the Lucid Air, in 2020
Saudi Public Investment Fund
Saudi Arabia’s Public Investment Fund raises $11bn loan
Loan was larger than initially planned due to strong interest from banks
Baillie Gifford
Three reasons why Elon Musk backtracked on taking Tesla private
Saudi investment was said to be behind his plans to de-list the company
chemical producer
With Aramco IPO shelved, Saudi Arabia’s PIF looks to tech, mega city
Much of the ambitious economic and social plan to diversify the Saudi economy relies on the PIF as an orchestrator of economic growth
Andrew Liveris
Saudi’s Public Investment Fund names ex-Dow Chemical CEO as special adviser
Andrew Liveris, who will be an adviser to Crown Prince Mohammad Bin Salman, currently serves on the board of Saudi Aramco
2018 Future Investment Initiative
Emaar’s Mohamed Alabbar included on Saudi Future Investment Initiative advisory board
The 2017 FII saw a number of high-profile initiatives announced with Blackstone, Softbank, Virgin Galactic, the Spaceship Company and Virgin Orbit
PIF
Elon Musk likely to face US national security review in a Tesla-Saudi deal
President Donald Trump signed legislation this week that expands the government’s authority to investigate and potentially block foreign takeovers of domestic companies