we know crown prince mohammad bin salman who is overseeing the sovereign wealth fund, the guy pioneeringhe attempts to list the saudi aramco state oil giant, and a series of other moves, including putting $45 billion in softbanks and vision fund, he took this investment and controlled it and demanded that it happen after his trip to the u.s. in march. we don't know exactly, but it looks like it was in the april, may, june period jpmorgan morgan chase did the deal through secondary markets it's between 4% and 5% i did not have the exact figure. i felt it was better to provide a range. that's what happened we put the story to tesla. elon musk. we reported in our story that musk was aware of the saudi stake. so it wasn't a surprise to him he knew they were a shareholder. but our reaction to the story was, you know, the stock would probably go up but his reaction to come out with a tweet after not commenting when we went to him for comment, that unleashed a chain of events we did not expect >> the nuance, this was a secondary market transaction, so this was not a fund raised by tesla. they t

- at the point of the start of this process at the start of 2016 was the crowning of prince mohammad bin salmanhe wanted to shock the economy. he wanted to shock the country. he wanted to get saudi arabia in the international arena. probably announcing a big ipo like the aramco ipo was a way to achieve it. one of the biggest proponents from the very beginning was the valuation that the kingdom had in mind for aramco and the valuation that the investors had in mind was very different. the kingdom was talking about $2 trillion, and investors were talking about half of that money. and that is one of the reasons probably why we have seen that continuous delay and the situation being basically on hold. julie: so, ashley, took him back to the idea of what now? is there any kind of affect on the oil markets as a result of this, or an effect on other oil projects' ability to raise capital, perhaps? ashley: no. i don't think this has really impacted oil markets because oil markets didn't really expect this 100% to go through. there has been so much doubt. i do think it is definitely a positive that aram

entity that has made the investment into tesla -- that's chaired by the royal crown prince mohammad bin salmanoes hand-in-hand with other investments we have seen of late, committing to an investment in softbank's vision fund, an investment in over. -- in uber. they have a stake in one of the largest clean energy producers in the state today. emily: should we look at this is -- as a strategic investment, or is this opportunistic? damian: it is definitely a strategic investment. one of the pillars of vision 2030 is clean energy. if you just look at the core competencies in terms of what tesla does, battery technology, energy storage, solar panter -- manufacturing, this goes hand-in-hand with what the kingdom is trying to do and how it is trying to diversify its away from oil dependence -- diversify away from oil dependence. emily: are they actually succeeding? damian: if you look at unemployment, unfortunately, unemployment is at its highest point in the last decade. 250,000 young workers are entering the saudi workforce each and every year. real, fundamental economic issues that the kingdom ne

be a huge deal, especially for mohammad bin salman, the crown prince who is spearheading this. be worth at least $2 trillion. david: it could leave a hole in their budget in the kingdom. we are going to turn back to tesla and elon musk. tweettimate -- infamous may have put the sec on the spot. the agency had been quietly taking a look at the company but the muska tweet raised a host of questions and put the spotlight on the sec and the way -- in a way it is not used to. matt robinson is here to take us and through why this could be a problem. explain why this is not the way the sec would like to broach these things. matt: normally as investigations go on, most of the public does not know. they take a long time. they were looking even prior to this tweet. now that this is out there, this has gotten so much media scrutiny on what the statement meant, is this market manipulation? that elonhe issues musk, tesla could face? david: one of the reasons the sec likes to keep quite is if they decide not to do anything. this time they will not be able to do that. matt: absolutely. there a

ofalso was a good friend mohammad bin salman and the saudis.here was a gala for the saudi in may when the crown prince was visiting. they had a special award for john mccain. he supported the saudi bombing in yemen that has been so catastrophic. i think we have to think that those who have participated in war are really heroes if they spend the rest of their lives trying to stop war, not like john mccain who spent the rest of his life supporting war. amy: norman solomon? >> we really have to fall to mass media of the united states, not just the last few days, but the last decade pretending that somehow by implication almost that john mccain was doing the people of north vietnam a favor as he flew over them and dropped bombs. you would think in the figure feet living getting about his role and a squadron flight over north vietnam that he was dropping flowers or marshmallows or something. he was shot down during his 23rd mission dropping bombs on massive numbers of human beings in a totally illegal and immoral war. amy: i want to return to presid

when does this say about saudi arabia and mohammed bin, and -- mohammad bin salman? is being much more assertive, not targeting any public criticism of its thomistic internal affairs, which is what happened to canada. that this isimply a real shift in foreign policy and something that is likely to stick? past, saudi policy was defined by spending money and quietly trying to influence other governments and now you can see it is a much more and these position policies will probably stick. it started when he came to power, a shift from the previous year. not only are there diplomatic problems, they recall the emperor asked her to germany which is leading an alliance against qatar. resume againsts supporters at home? when i woke up this morning i started looking at the saudi twitter feed. it is very positive and they are expressing themselves on twitter , they have criticized canada for interfering in saudi policy and they have been quite vocal about it on social media. what are theis impact on saudi arabia in terms of this policy? canada doesn't rank in the top 20 tradi