Tesla begins sales in Saudi Arabia

3 weeks ago 12

GlobalData

Tue, Apr 15, 2025, 2:21 AM 2 min read

The US automaker has opened income outlets successful the cities of Riyadh, Jeddah and Dammam, arsenic it looks to emulate the comparative occurrence it has enjoyed successful neighbouring markets specified arsenic the United Arab Emirates (UAE), wherever the institution is appealing to a tiny but increasing fig of municipality buyers.

The motorboat comes arsenic Tesla income successful a ample fig of markets worldwide person fallen successful caller months, which has been partially blamed connected the company’s proprietor Elon Musk’s adjacent allegiance with newly-elected US President Donald Trump. The company’s planetary income fell by 13% year-on-year to 336,681 units successful the archetypal 4th of 2025, including a 9% driblet successful US income to 128,100 units. The company’s stock terms has astir halved since Donald Trump won the US Presidential predetermination successful November.

Naseem Akbarzada, Tesla state manager for Saudi Arabia, told reporters this week: "Today we are arrogant to officially motorboat successful the kingdom, marking the commencement of a semipermanent beingness successful the country."

Tesla plans to physique a web of charging stations for its customers, starting successful the 3 cities wherever it has opened income outlets. But recharging facilities connected the country’s godforsaken inter-city highways remains limited.

Saudi economist Mohammed Al-Qahtani welcomed Tesla introduction into the market, but urged the institution to put much successful the country, saying “we bash not privation a showroom, we privation a factory. We privation to beryllium portion of the accumulation process, not conscionable consumption."

"Tesla begins income successful Saudi Arabia" was primitively created and published by Just Auto, a GlobalData owned brand.

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