Tesla to Enter Saudi Arabia Market Amid Declining Global Sales

Tesla, Inc. (TSLA) is set to launch its electric vehicles (EVs) in Saudi Arabia, expanding into the Gulf region’s largest economy. The company announced a launch event on April 10, 2025, to showcase its EV lineup. Attendees will also get a firsthand look at autonomous driving with Cybercab and meet Optimus, Tesla’s humanoid robot, as part of its AI and robotics showcase.In Saudi Arabia, about 700,000 new passenger vehicles are sold annually, and SUVs remain the country’s dominant choice. Toyota holds roughl ...