Saudi Arabia Slashes Exposure to Tesla (TSLA) - FT

January 28, 2019 11:40 AM EST

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(Updated - January 28, 2019 11:44 AM EST)

Saudi Arabia cut its exposure to Tesla (NASDAQ: TSLA), according to the Financial Times. The country's Public Investment Fund hedged most of its 4.9% stake with the help of bankers at JPMorgan, the report said.

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