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Musk points to Saudis for 'funding secured' tweet in taking Tesla private

• https://www.cnbc.com

Elon Musk says his claim last week that the necessary funding had been secured was based on repeated and ongoing conversations with the Saudi Arabian sovereign wealth fund.

The take-private tweet may have violated an SEC rule about public announcements.

Musk says he felt it was necessary to inform all Tesla shareholders of his desire to go private.

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