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Saudi's PIF invests more than $1 billion in Lucid Motors
Saudi Arabia's Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Lucid Motors to produce electric vehicles.
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Saudi sovereign fund PIF has bought a below 5 percent stake in Tesla: source
Public Investment Fund, Saudi Arabia's sovereign wealth fund, has bought a minority stake in Tesla at just below 5 percent, a source familiar with the matter said on Tuesday.