Saudi Arabia invests $1 billion in potential Tesla rival

Tesla, Inc. (NASDAQ:TSLA) Saudi wealth fund invests $1 billion in competitor Tesla stock dipped as much as 2 percent Monday morning on news the Saudi Arabia’s sovereign wealth fund has invested $1 billion in rival Lucid Motors. By .....»»

Elon Musk is hoping an investment from Saudi Arabia's sovereign wealth fund c.....»»

BloombergSaudi Wealth Fund to Invest $1 Billion in Tesla's Rival LucidBloombergSaudi Arabia's sovereign wealth fund signed an agreement to invest more than $1 .....»»

Saudi Arabia's Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing U.S. electric vehicle maker Tesla ......»»

Saudi Arabia's sovereign wealth fund has invested over $1 billion in an American electric car manufacturer just weeks after Tesla CEO Elon Musk earlier claimed the kingdom would help his own firm go private......»»

Lucid Motors Inc. said Monday that it's getting a $1 billion investment from Public Investment Fund of Saudi Arabia (PIF) to help it produce its first electric cars it plans to roll out in competition with Tesla Inc. The Saudi fund is the same one .....»»

The move by the electric car rival of Tesla Motors comes on the heels of a $1 billion investment it got in September from Saudi Arabia......»»

Saudi Arabia's flyadeal will buy 50 A320neos from Airbus, reversing its plan to buy $5.9 billion of 737 Max planes.....»»

Saudi Arabia's flyadeal will buy 50 A320neos from Airbus, reversing its plan to buy $5.9 billion of 737 Max planes.....»»

Saudi Arabia surprised investors with the abrupt sale of $11 billion in bonds, roiling its rival Qatar’s plans to raise debt and fueling concerns that a diplomatic standoff was bleeding into the financial world......»»

Saudi Arabia surprised investors with the abrupt sale of $11 billion in bonds, roiling its rival Qatar’s plans to raise debt and fueling concerns that a diplomatic standoff was bleeding into the financial world......»»

Saudi Arabia surprised investors Tuesday with the abrupt sale of $11 billion in bonds, roiling its rival Qatar’s plans to raise debt and fueling concerns that a diplomatic standoff was bleeding into the financial world......»»

DUBAI (Reuters) - SoftBank Group Corp and Saudi Arabia's Public Investment Fund are in early talks with banks about potential funding for a multi-billion dollar solar power project planned in the kingdom, say sources familiar with the matter......»»

Saudi Arabia's sovereign wealth fund, which has more than $250 billion under mana.....»»

Markets .....»»

The electric automaker’s stock jumped during Tuesday’s trading session......»»

Tesla Inc (NASDAQ: TSLA) shares spiked Tuesday, first on reports of a $2 billion Saudi stake and then on news of a potential move off the public exchanges. read more.....»»

Tesla spiked more than 7% Tuesday after the Financial Times reported Saudi Arabia's investment fund had amassed a .....»»

Tesla Chief Executive Elon Musk said on Monday he was still in talks with potential backers of a possible buyout of the company, including Saudi Arabia's sovereign wealth fund, but had not completed securing the funding......»»

Tesla Inc Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia's sovereign wealth fund and other potential backers of his plan to take the electric car-maker private, but said financing was not yet nailed down......»»