, Columnist
Saudi Arabia Starts to Weaponize Its Wealth
Canada dispute shows the risk of selling stakes in western assets to Riyadh.
Loonie tunes.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Here’s a subject that Elon Musk might think twice before tweeting about.
Resource-rich Saudi Arabia, which in recent months amassed a $2 billion stake in the Twitter-mad billionaire’s electric-car company Tesla Inc., has declared economic war on Canada. The cause was a tweet by Canadian Foreign Minister Chrystia Freeland, whose call for the release of social activists arrested by the Gulf monarchy earned a stunningly disproportionate response this week.