Background on 2018 Musk attempt to take Tesla private

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.”

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