logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Tesla to begin Cybertruck deliveries in Saudi Arabia later this year

Tesla to begin Cybertruck deliveries in Saudi Arabia later this year

GHADA.ISMAIL
Apr 23, 2025
Official launch includes Cybertruck display and plans for Superchargers as Kingdom eyes 30% EV adoption by 2030

Riyadh – Sharikat Mubasher: Tesla is set to start deliveries of its much-anticipated Cybertruck in Saudi Arabia later in 2025, according to Reuters. The announcement follows the electric vehicle (EV) giant’s entry into the Saudi market earlier this month, marking its first official sales in the Kingdom.

The move comes as Tesla aims to replicate its success in neighboring markets like the UAE. With a growing, albeit still small, number of EV buyers in Saudi Arabia, the company sees strong potential for future demand in the region.

Tesla's push into the Saudi market aligns with the Kingdom’s broader vision to diversify its economy and promote sustainability through cleaner technologies. The availability of Tesla models, including the futuristic Cybertruck, may help accelerate the adoption of electric vehicles in line with Saudi Arabia’s Vision 2030 goals.

Despite facing global challenges, including declining sales and increased scrutiny over CEO Elon Musk’s political activities, Tesla appears to be doubling down on its expansion in the Middle East. The company hopes that Saudi Arabia’s evolving automotive landscape and rising interest in EVs will create fertile ground for long-term growth.

Tags

Tesla
Cybertruck
Saudi Arabia
Share

Attract clients with your ad

Start Now

Trending

Applied AI closes pre-Series B round to accelerate global expansion
MUBASHER
EVIQ, Roads Authority join hands to advance EV charging services in Kingdom
MUBASHER.SA
NEOPAY partners with Nymbl to enable Nymbl QX
MUBASHER
EdfaPay launches SoftPOS services after SAMA approval
MUBASHER.SA
Rawajeh Group acquires stake in Khwarizmi Holding
Riyadh - Sharikat Mubasher: Rawajeh Group, a leading real estate developer in Saudi Arabia, signed an investment agreement to acquire a stake in Khwarizmi Holding.This strategic partnership aims to promote growth and maximize sustainable value in the Saudi market, according to a recent statement by Rawajeh Group.The investment aligns with Rawajeh Group’s expansion strategy that focuses on investing in companies with mature corporate structures, clear operational capabilities, and a long-term vision for growth.    Khwarizmi Holding adopts an investment model that focuses on building long-term value by diversifying investment tools, including venture capital (VC), private equity (PE), and global real estate funds. This aligns with Rawajeh Group’s approach towards investing in entities capable of achieving balanced and sustainable growth.Aqeel Alrajhi, CEO of Rawajeh Group, stated that the investment reflects the group’s confidence in Khwarizmi Holding’s robust business model and its ability to manage specialized investments in private markets efficiently.For his part, Ibrahim Almojel, Founding Partner at Khwarizmi Holding, affirmed that the partnership will help the company accelerate the execution of its investment strategy that focuses on building specialized platforms in private markets and developing diverse investment products that meet the expectations of institutional investors.Moreover, this collaboration reflects the shared vision of both entities to build an investment ecosystem that is based on integration and added value.

Related News

Private Equities News
Calendar Icon
Jan 22, 2026
Applied AI closes pre-Series B round to accelerate global expansion
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
EVIQ, Roads Authority join hands to advance EV charging services in Kingdom
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
NEOPAY partners with Nymbl to enable Nymbl QX
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
Rawajeh Group acquires stake in Khwarizmi Holding
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
Trango Tech expands mobile app services across GCC
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
Riyadh Air enters air freight with Riyadh Cargo
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
AviLease to add SAR 11 bn to Saudi GDP by 2030
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher