Tesla will start sales in Saudi Arabia next month, the electric car manufacturer announced on its website on Wednesday (26).
Elon Musk’s electric vehicle company negotiates in other Middle East countries, but not in Saudi Arabia, the largest market in the Gulf region.
Donald Trump said this month that he would probably make his trip to Saudi Arabia after asking the kingdom in January to spend more than $ 1 trillion on the US economy over four years, including military purchases.
Tesla’s launch event in Riyadh, scheduled for April 10, will serve the company to display its electric vehicles (EVs) and solar -powered products.
The launch occurs while the, attributed to Musk’s support to far -right politicians, and the mark has been the target of protesters in the United States for its radical cutting in the federal government.
In Saudi Arabia, electric vehicle sales have been slow, with a 2024 report from PWC consultants placing them in only 1% of all car sales.
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A month after the dispute with Musk became public, Saudi Arabia Sovereign Fund-PIF-announced an investment of more than $ 1 billion at Lucid, becoming the majority investor in one of EV startups seeking to challenge Tesla.
The $ 925 billion PIF also invested in an EV domestic brand that has not yet been released, called Ceer.
However, large vehicles that consume a lot of gasoline remain the standard on Saudi roads, where fuel is cheap and the infrastructure to carry an EV remains a rarity, making the crossing of its long desert roads almost impossible in the car.
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(with Reuters and International Agencies)