Browsing: Elon Musk

Saudi fund in talks to invest in Tesla buyout deal

Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private, according to a person with direct knowledge of the fund’s plans.

Mr Musk, show us the money

Two days after Elon Musk vowed on Twitter that he had “funding secured” for a spectacular $82-billion deal to take Tesla private, he has offered no evidence to back up the statement

Why are young tech billionaires so boring?

Early in Warren Buffett’s life, his father failed to get hired at the family grocery store during the Great Depression. Without a job, and without any money after a run on the banks, the family of four ran up a tab

Watch out, Tesla, the Germans are coming

Electric car pioneer Tesla no longer has the road to itself. German car makers Daimler, BMW and Volkswagen are closing in and may pass their American rival by 2021, based on a consultancy’s ranking of electric

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