Tesla Expands To Saudi Arabia
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Despite cheap gas and a dearth of charging stations, Tesla (NASDAQ:TSLA) will begin selling cars in the oil-rich nation of Saudi Arabia, holding a launch event in Riyadh today before opening up for bu...
From Seeking Alpha
The kingdom, a major investor in Tesla rival Lucid, aims for 30% EV adoption five years from now, up from about 1% last year.
From U.S. News & World Report
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Tesla starts selling cars in Saudi Arabia on Thursday, a country where on a 900-kilometre (559 mile) stretch of its main east-west highway linking the capital Riyadh and the holy city of Mecca there isn't a single charging station.
The number of executions in Saudi Arabia doubled in 2024 as the Middle East led a global surge, according to a new report by Amnesty International. Rights groups say the trend has continued into 2025. Newsweek has reached out to the Saudi Ministry of Interior for comment.
Saudi authorities have released dozens of people serving long prison terms for peacefully exercising their rights yet continue to imprison and arbitrarily detain many more.
Saudi Arabia makes headlines hosting glittering events, securing famous footballers including Cristiano Ronaldo to play in its national league, and for innventive ideas such as the notorious 'The Line' city concept. But the reality for people living in ...
Global executions hit their highest figure since 2015 last year, with the Middle East accounting for more than 90 percent. According to Amnesty International, Iran, Iraq and Saudi Arabia were responsible for 91 percent of executions, with the death penalty often being "weaponised" against protesters and ethnic minorities.
In 2018, Tesla decided not to sell its EVs in Saudi Arabia. Falling sales figures as a result of the protests and calls for a boycott led to a change in strategy. Tesla’s sales in Europe are ...
Saudi Arabia, with its wealth linked inextricably to oil revenue, faces mounting pressure to raise debt or cut spending after a plunge in crude prices, complicating plans to fund an ambitious agenda to diversify its economy.