Tesla officially enters Saudi Arabia. Can electric Autos 'conquer' the oil giant?

① Tesla will hold its opening press conference in Riyadh, the capital of Saudi Arabia, on April 10, marking its first Business in Saudi Arabia; ② Despite a significant drop in sales for Tesla in the European and American markets, the Saudi public is very optimistic about Tesla, and the Saudi government also has an encouraging attitude towards electric vehicle projects; ③ However, the low price of RBOB Gasoline in Saudi Arabia limits the appeal of electric vehicles locally, which poses a challenge for Tesla.

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