Tesla Marks the Latest High-Profile Bet for Saudi Wealth Fund

Saudi Arabia’s purchase of a stake of about $2 billion in $2 trillion powerhouse and help diversify Saudi Arabia’s oil-dependent economy. Here’s a selection of PIF’s recent investments and holdings: Uber Technologies Inc. PIF invested $3.5 billion in U.S. ride-share company Virgin Group’s space companies, Virgin Galactic, The Spaceship Co. and Virgin Orbit. PIF also […]