Tesla Announces Saudi Arabia Launch in April 2025, Plans $500M Investment in Regional Facilities

Tesla Announces Saudi Arabia Launch in April 2025, Plans $500M Investment in Regional Facilities

Tesla confirmed on March 26, 2025, that it will officially enter the Saudi Arabian market next month, with sales set to begin on April 15. The company revealed plans to invest $500 million in local charging infrastructure and service centers over the next three years. This expansion includes the deployment of 50 new Supercharger stations by the end of 2025, targeting major cities like Riyadh, Jeddah, and Dammam.

 

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The Saudi launch follows a government agreement offering Tesla reduced import tariffs and land incentives for local manufacturing. CEO Elon Musk stated that the move aligns with the kingdom’s Vision 2030 goals to diversify its economy. Initial models available will include the Model Y and Cybertruck, with pre-orders exceeding 5,000 units within 48 hours of the announcement.

Tesla’s entry into Saudi Arabia marks its 40th operational market globally. The company also confirmed a partnership with local solar energy provider ACWA Power to integrate renewable energy solutions into its charging network. Analysts project Tesla could capture 15% of the country’s EV market by 2026, competing with regional players like Lucid Motors.

 

 

 

Source: reuters

                                                      

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