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Tesla launches in Saudi Arabia amid Chinese competition and tumbling sales
CNBC· 2025-04-10 13:05
Tesla, Inc. is debuting sales in Saudi Arabia, the oil-rich kingdom whose long desert highways are home to gas-guzzling SUVs — and where there are no chargers to be found for hundreds of miles.The American electric vehicle maker is hoping that success in neighboring countries like the United Arab Emirates and a small but growing pool of buyers of electric vehicles (EV) in the region are a positive sign of future demand.The timing is also notable —  Tesla will hold its launch event in Riyadh on April 10, the ...