Exclusive: Saudi Arabia's PIF has shown no interest in bankrolling Tesla buyout

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© Reuters. FILE PHOTO: FILE PHOTO: A Tesla sales and service center is shown in Costa Mesa, California

By Saeed Azhar, Marwa Rashad and Pamela Barbaglia

DUBAI/RIYADH/LONDON (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc (O:) CEO Elon Musk’s proposed $72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said.

The 47-year-old investor and engineer stunned financial markets on Tuesday when he said on Twitter that he was considering a take-private deal for Tesla, an auto manufacturing pioneer that developed the world’s first luxury all-electric sedan car. He also said he had


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