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Elon Musk accuses major Saudi investor of 'ass-covering' in trial over his 'funding secured' Tesla tweet | Business Insider

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Elon Musk accuses major Saudi investor of 'ass-covering' in trial over his 'funding secured' Tesla tweet.

Elon Musk accuses major Saudi investor of 'ass-covering' in trial over his 'funding secured' Tesla tweetMusk accused Saudi Arabian shareholder Yasir Al-Rumayyan of not standing by his word. , Ian MacNicol/Getty Images)He testified that he sent the tweet after verbal assurances from Saudi investor Yasir Al-Rumayyan.

He said that Al-Rumayyan told them that"they would do whatever it took to get it done," and that he'd been"unequivocal" about supporting the deal. Then in a conversation after Musk's tweet, Al-Rumayyan softened his stance to say that the Saudi PIF were interested in looking into possible investment opportunities with Tesla, Musk said.

 

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