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Wed 8 Aug 2018 11:16 AM

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Video: Tesla surges on report Saudi wealth fund is building $2bn stake

Tesla Inc. surged to the highest intraday in more than a month after the Financial Times reported that Saudi Arabia's sovereign wealth fund has built a roughly $2 billion stake in the electric-car maker.

Video: Tesla surges on report Saudi wealth fund is building $2bn stake

(Source: Bloomberg Markets and Finance YouTube channel)