Saudi Wealth Fund Chief Refuses to Testify at Musk’s Tesla Fraud Trial
- CEO sought PIF governor’s testimony for San Francisco jury
- Saudis’ lawyers tell US judge Musk’s subpoenas were deficient
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Elon Musk can’t count on the head of Saudi Arabia’s sovereign wealth fund to help his defense at an upcoming trial over claims by investors that the Tesla Inc. CEO defrauded them in 2018.
Through their lawyers, Yasir Al-Rumayyan and other officials from the kingdom’s Public Investment Fund argued to the judge overseeing the case Thursday that they’re not legally obligated to show up for the trial in San Francisco federal court that’s set to start Jan. 17.