Filings in the litigation against Musk show a breakdown between Musk and the Kingdom of Saudi Arabia’s Public Investment Fund (PIF) over funding. This may explain Musk’s recent statements defending his tweet: “…Funding secured.”
An interesting coincidence may be the relative timing of a PIF investment in Tesla competitor (hated rival) Lucid Motors.
Current story:
Court filing:
Court docket:
Background re Lucid:
“The listing represents the fruits of a well-timed 2018 investment in Lucid when it was struggling for survival.”