March 26, 2025 8:11 PM
Tesla to launch in Saudi Arabia as Musk and the kingdom mend relations
Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signalling CEO Elon Musk and the kingdom have healed a rift that dates back to the billionaire's short-lived bid in 2018 to take the company private. Tesla trades in other Middle Eastern countries, but not in Saudi Arabia, the Gulf region's largest market. The dispute started when Musk tweeted in 2018 he had "funding secured" to take Tesla private after meeting Saudi Arabia's sovereign wealth fund, th...