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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.

Samsung Electronics has unveiled the Galaxy Note9, banking on the larger-screen device to rejuvenate sales of a struggling flagship line and fend off Apple’s upcoming iPhones over the holidays.

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