$TSLA Super news, but I still favor KNDI Tesla
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Tesla shares rise on report Saudi Arabia sovereign wealth fund has $2 billion stake
https://www.cnbc.com/2018/08/07/tesla-shares-...as-2-.html
Summary:
Saudi Arabia's sovereign wealth fund has acquired a significant position in Tesla shares, according to the Financial Times.
The media outlet says the Saudi's Public Investment Fund bought a 3 percent to 5 percent stake in the electric car maker, according to people with direct knowledge of the matter.
The stake is worth $1.9 billion to $3.1 billion at the company's current share price.
https://stockcharts.com/h-sc/ui?s=TSLA&p=...5310715758
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