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Saudi Arabia could save billions by financing a would-be Tesla killer

Anonymous sources have revealed Saudi Arabia’s sovereign wealth fund could invest $1 billion into Lucid Motors, an 11-year old company that aims to take down Tesla. Elon Musk hopes the same fund will help him privatize Tesla. The post Saudi Arabia could save billions by financing a would-be Tesla killer appeared first on Digital Trends.

Source: https://www.digitaltrends.com/news/saudi-arabias-wealth-fund-could-invest-1-billion-in-lucid-motors/
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