Tesla says it'll be entering the Saudi market in April. The company said its launch event in Riyadh will "showcase what's next in AI and robotics." This comes at a crucial time — Tesla is ...

Musk and Tesla were sued by Tesla investors, who said Musk's premature announcement caused them to lose money. Saudi Arabia opening its doors to Tesla comes at a critical time for the EV maker ...

Then, in 2018, the PIF announced a $1 billion investment into Tesla's rival, Lucid Motors. Saudi Arabia opening its doors to Tesla comes at a critical time for the EV maker, which has seen its ...