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Tesla Bets Big on Saudi Arabia After Being Blacklisted in Europe

Tesla has officially arrived in Saudi Arabia, with plans to start selling electric vehicles next month.
The statement, posted on the company’s official site, arrives as Tesla experiences a considerable drop in sales throughout Europe, partially because of Elon Mus K's significant position within the U.S. government and the Department of Government Efficiency (DOGE).
Tesla His arrival in Saudi Arabia bolsters the diplomatic relations between Washington and Riyadh even more. This Middle Eastern nation is progressively adopting electric vehicles, recognizing that its extensive oil resources will ultimately deplete.
The firm is already active in multiple Middle Eastern countries such as the UAE, Jordan, Israel, and Qatar. Nonetheless, Saudi Arabia stands out as the biggest market within this area.
The relationship between the U.S. and Saudi Arabia has been enhancing since Donald Trump' Upon their return to offices, the kingdom announced significant investments in American military hardware earlier this month.
(QG - Source: Newsweek - Image: © Unsplash)
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