Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signaling CEO Elon Musk and the kingdom have healed a rift that dates back to the billionaire’s ...

Tesla will start sales in Saudi Arabia next month, the electric carmaker said on its website, signaling CEO Elon Musk and the kingdom have healed a rift that dates back to the billionaire's ...

Tesla may struggle to gain market share in oil-rich Saudi Arabia as EVs make up a little over 1% of all car sales in the country, according to a report by consultancy PwC published in September.

Musk and Saudi Arabia have had a complicated history. Back in 2018, the Tesla CEO claimed he had secured funding from the kingdom’s sovereign wealth fund to take the company private. That deal ...

The announcement comes after Saudi Crown Prince Mohammed bin Salman pledged a $600 billion investment in the U.S. in January during Trump’s first phone call to a foreign leader as president. The White ...

Now, Lucid has launched the Gravity, a high-end SUV. Lucid is essentially copying Tesla's playbook, starting with a premium ...