Tesla founder Elon Musk is hoping to avoid having one or two large stakeholders in a company and would instead prefer to gather the funds from a larger group, people familiar with the situation said, and is canvassing other potential investors including asset managers. Photo: AFP

Saudi Arabia’s sovereign wealth fund in talks to invest in Tesla buyout deal

Tesla board members are preparing to meet with financial advisers this week to evaluate Musk’s proposal to take the electric car maker private

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Tesla founder Elon Musk is hoping to avoid having one or two large stakeholders in a company and would instead prefer to gather the funds from a larger group, people familiar with the situation said, and is canvassing other potential investors including asset managers. Photo: AFP
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