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Tesla founder and CEO Elon Musk confirmed that Saudi Arabia's Public Investment Fund may help financially back a plan to take the electric automobile company private, according to an Aug. 13 blog post on Tesla's website.
China is bullish about ensuring control over the entire supply chain for lithium-ion batteries for years to come –- and even major shifts in technology might not dislodge Beijing from its pride of place.
The young Saudi crown prince's tough approach and brusque demeanor rub some in and outside the kingdom the wrong way. But the shake-up he's carrying out may be just what Saudi Arabia needs to survive in a new era.
There is unlikely to be a consensus in the coming years on how to best mitigate the effects of climate change, which likely means that humanity will be forced to adapt to a hotter Earth in the coming decades.
The U.S. president will emphasize pressuring North Korea and reworking trade deals while shoring up alliances and reaffirming Washington's commitment to the security and economic well-being of the region.