Elon Musk's lawyers subpoena head of Saudi Arabia's $620 billion wealth fund for Tesla 'funding secured' tweets case
Elon Musk's lawyers are trying to force Saudi Arabia's top wealth manager to testify in upcoming litigation over a now-infamous tweet in which theTesla's legal team subpoenaed Private Investment Fund governor Yasir al-Rumayyan on December 19, according to documents filed Tuesday – with a San FranciscoInvestors suing Musk say that the world's second-richest man manipulated Tesla's share price in 2018 when he claimed that he had"That deal never happened, with Tesla...
PIF is a sovereign wealth fund – meaning that it invests on behalf of Saudi Arabia's government. It manages around $620 billion worth of assets, according to its most recent annual report. Musk has since claimed publicly and in court documents that he had a handshake deal for the fund to provide the necessary cash for Tesla to delist from the
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