Tesla (TSLA) will commence sales in Saudi Arabia in April, suggesting CEO Elon Musk and the kingdom have healed a rift that dates back to Musk’s short-lived bid in 2018 to take the company private, Reuters’ Pesha Magid reports. Saudi Arabia’s Public Investment Fund invested in EV startup Lucid (LCID) after the dispute.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Tesla (TSLA) Gears Up for Saudi Arabia Debut on April 10
- Canada Blocks Tesla (TSLA) Rebates amid Rising Trade Tensions
- Tesla Stock Fires Up: Canaccord Predicts More Gains on the Horizon
- ‘Put Emotions Aside and Buy,’ Says Top Investor on Tesla Stock
- Early notable gainers among liquid option names on March 24th