Tesla, Saudi Arabia in Early Talks for EV Factory

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https://www.wsj.com/business/autos/tesla-saudi-arabia-in-early-talks-for-ev-factory-240cd075

Tesla’s talks with Saudi Arabia are part of the country’s push to diversify its economy away from oil. Photo: Filip Singer/EFE/Zuma Press

Saudi Arabia is in talks with Tesla about setting up a manufacturing facility there, people familiar with the discussions said, as part of an ambitious push by the kingdom to secure metals needed for electric vehicles and help diversify its economy away from oil.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.