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Musk leaves behind tensions with Saudi Arabia by opening first Tesla showroom in Riyadh


Published on 2025-04-19 04:04:46 - Fortune
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  • However, the kingdom still faces significant challenges in infrastructure.

Elon Musk announced that Tesla will open its first showroom in Riyadh, Saudi Arabia, marking the company's expansion into the Middle Eastern market. This move comes as part of Tesla's broader strategy to increase its global presence and tap into the growing demand for electric vehicles in the region. The showroom is expected to open later this year, and it will feature Tesla's latest models and technologies. Musk's decision to enter the Saudi market is seen as a strategic move to strengthen Tesla's position in the global electric vehicle industry, especially given Saudi Arabia's efforts to diversify its economy and reduce its dependence on oil.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/11/elon-musk-tesla-saudi-arabia-first-showroom-riyadh/ ]