The Verge$1.5 billion to be exact, and only five months since the last major cash infusion of $1 billion. The money comes in the form of “$750 million of convertible preferred stock via private placement” and “a $750 million unsecured delayed draw term loan facility,” both from Ayar Third Investment, an affiliate of Saudi Arabia’s Public Investment Fund. The money has helped the cash-losing EV maker from h
