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Tesla Launches in Saudi Arabia

Seeking Alpha on MSN · 9h

No protests and a lot of oil: Tesla finally launches in Saudi Arabia

Despite cheap gas and a dearth of charging stations, Tesla (NASDAQ:TSLA) will begin selling cars in the oil-rich nation of Saudi Arabia, holding a launch event in Riyadh today before opening up for business on Friday.

CNBC on MSN · 13h

Tesla launches in Saudi Arabia amid Chinese competition and tumbling sales

Chinese EV maker BYD is also already in the Saudi market, meaning Tesla faces competition from both BYD and Lucid Motors in an arena that is still small — EVs accounted for just 1% of all car sales in the kingdom in 2024, according to a report from consulting firm PwC.

Tesla opens first showroom in oil-rich Saudi Arabia

Naseem Akbarzada, Tesla country manager for Saudi Arabia, hailed the start of a 'long-term presence' on Thursday. Meanwhile, showrooms in the US have been attacked, with sales slumping ever since billionaire owner Elon Musk got involved with the Trump administration.

15don MSN

Tesla launching in Saudi Arabia as Elon Musk, kingdom mend ties after funding fiasco

The dispute started when Musk tweeted in 2018 he had “funding secured” to take Tesla private after meeting Saudi Arabia’s sovereign wealth fund.

22hon MSN

In Saudi debut, Tesla faces desert heat, few chargers, but no Musk protests

Tesla starts selling cars in Saudi Arabia on Thursday, a country where on a 900-kilometre (559 mile) stretch of its main east ...

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