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How Saudi Arabia, the largest crude exporter, is preparing for life after oil

Tuesday, August 14, 2018, 16:08
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Saudi Arabia has accumulated a stake in electric carmaker Tesla for about $2 billion through its Public Investment Fund and aims to be part of any investor pool that emerges to take the company private. That’s on top of a $3.5 billion investment in ride-sharing company Uber, a $45 billion commitment to SoftBank Group’s $100 billion technology fund and a planned investment of about $1 billion in Virgin Group’s space companies.

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