In The Tesla Drama, Saudi Arabia Reminds Silicon Valley Of Its Weight (Tsla; Oil)

From recode:

Not solely are the Saudis are a feasible puddle of cash for cash-seekers, they are edifice considerable leverage inwards Silicon Valley deal-making.

The Saudi Arabian regime cannot brand whatever Silicon Valley hotshot produce anything. But they tin come inwards awfully appetizing.

new halt on the high-finance conference calendar. And, of course, in that place was this year’s catch yesteryear Mohammed bin Salman, the country’s emissary to Silicon Valley, who was greeted alongside glitz too glam at America’s nearly prominent corporations.

Don’t last surprised if the Saudi sovereign wealth fund presently opens an part inwards San Francisco or on Sand Hill Road.

These Saudi moves haven’t been universally embraced....MORE