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OPINION: The Saudi sovereign wealth fund could be the key player in taking Tesla private, according to a recent account from CEO Elon Musk. The Saudi fund is potentially enormous, even with much of its value is bound up on a troubled IPO.
Elon Musk shared more details Monday in a company statement about what a deal to take Tesla private may look like.
In Canada, women have full legal rights to seek employment, access family planning and abortion services, and express their gender identities and sexual preferences as they see fit. In Saudi Arabia, women need permission to marry, get an advanced education or a job, or to travel abroad.
While Tesla CEO Elon Musk shocked investors last week by toying with the idea of taking the company private, several suitors may have already been courting the electric-car giant months ago. Saudi Arabia's Public Investment Fund and Japan's SoftBank have reportedly been touted as potential buyers.
China is tracking Muslims embarking on the annual Hajj pilgrimage in what experts say is likely part of widespread government surveillance
Chinese Muslims embarking on the annual Hajj pilgrimage to Saudi Arabia are being outfitted with GPS trackers in what experts are warning is likely part of China's widespread surveillance program. 11,500 Chinese Muslims are slated for travel to Mecca this month.
A spat which began with a tweet from Canada about jailed human rights activists in Saudi Arabia ended up with new trade and flights suspended between the two countries and an ambassador expelled. The feud has no sign of ending soon.
‘We just bombed a school bus’: Top Democratic senator slams the US for its involvement in bloody Yemen war after bus full of children hit ...
Democratic Sen. Chris Murphy on Thursday slammed the US for its involvement in the bloody Yemen conflict after a Saudi-led coalition airstrike hit a school bus and killed dozens in the northern part of the country.
Tesla CEO Elon Musk shocked observers when he announced his desire to take Tesla private, but nearly two days later, it's unclear where the funding will come from. A nation's sovereign wealth fund is a likely candidate, according to James Rosener, a partner at the law firm Pepper Hamilton.
The air strike "conformed to international and humanitarian laws," Saudi spokesman Col Turki al-Malki said in a statement during a week where Saudi Arabia has made a lot of claims about its human rights.
In the words of a former Canadian ambassador: "The hard truth here is that the world is not waiting for Canada to preach to them or to criticize them." Canada and Saudi Arabia have a small economic relationship, and Prime Minister Justin Trudeau just doesn't have much sway there.