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    Elon Musk Says Saudi Investment Fund Could Help Him Take Tesla Private

    The Tesla CEO, reportedly under scrutiny by federal regulators for earlier statements, says the Saudi fund is looking to diversify away from oil with a bigger investment in the electric car company.
    by Avie Schneider Aug 13, 2018 2 minutes
    People look at cars at a Tesla showroom in New York City. Tesla CEO Elon Musk, reportedly under scrutiny by federal regulators for earlier statements, says Saudi Arabia's sovereign wealth fund is looking to diversify away from oil with a bigger investment in the electric car company.

    When Tesla CEO Elon Musk announced last week that he was considering ending the automaker's 8-year run as a publicly traded company, he indicated that he had found the money to do it.

    "Am considering taking Tesla private at $420. Funding secured," Musk tweeted.

    Musk is reportedly under

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