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Derek Saul

News Desk Reporter at Forbes

Covers

Publications

  • Forbes
    1 article
  • US Capital Advisors
  • Forbes

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  • Musk Testifies Saudi Sovereign Wealth Fund ‘Unequivocally’ Hoped To Take Tesla Private In 2018
    24 Jan 2023—Forbes
    Topline Tesla CEO Elon Musk believed he’d earned the backing of Saudi Arabia’s Public Investment Fund in 2018 when he tweeted funding to take the electric vehicle maker private was “secured,” Musk testified Monday, as the U.S.’ wealthiest man’s court testimony defending his oft-controversial behavior on Twitter continued into its second day. Key Facts The Saudi sovereign wealth fund “unequivocally wanted to take Tesla private,” Musk said on the stand as part of a civil lawsuit accusing Musk...

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