What was the amount invested by the PIF in Tesla during the first half of 2018?
Saudi Fund Backs Out of Tesla
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The transcript discusses the Public Investment Fund's (PIF) investment in Tesla, highlighting their initial $2 billion stake in 2018 and subsequent sale of shares. Despite making a profit, PIF missed out on larger gains due to the stock's significant rise. The discussion also covers the impact of external factors like the Jamal Khashoggi incident on PIF's investment strategy, their diversification into other sectors, and future plans, including investments in Lucid and the SoftBank Vision Fund.
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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3 mins • 1 pt
How did the price of Tesla shares change from the time of PIF's investment to when they sold their shares?
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3.
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3 mins • 1 pt
What impact did the Jamal Khashoggi saga have on the PIF's investment strategy?
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4.
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3 mins • 1 pt
What was the strategic reason behind the PIF's investment in electric vehicles?
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5.
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3 mins • 1 pt
What other company did the PIF invest in that is a rival to Tesla?
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