Tesla and Saudi Arabia Reportedly Discussing Potential EV Factory Deal

Tesla and Saudi Arabia reportedly in early talks about building an EV factory in the country.
Saudi Arabia trying to lure Tesla by offering access to cobalt from Congo.
Saudi Arabia invested in Lucid Motors and secured a factory deal.
In 2018, Saudi proposed helping take Tesla private but Musk dropped the idea.
Musk has denied the report that Tesla is in talks with Saudi Arabia.

electrek.co

Relevant topic timeline:

8/16/2023

Tracking the EV battery factory construction boom across North America

Main topic: The onshoring of battery manufacturing for EVs in the United States. Key points: 1. The number of battery factories in the US has increased significantly, with about 30 factories either planned, under construction, or operational. 2. The Inflation Reduction Act (IRA) signed by President Joe Biden has incentivized automakers and consumers to produce batteries domestically. 3. Automakers and battery manufacturers have collectively invested close to $100 billion in building domestic cell and module manufacturing, with a capacity of over 1,200 gigawatt-hours before 2030. Hint on Elon Musk: The article mentions Tesla's plans to invest billions in expanding its Gigafactory in Nevada and producing batteries for 1.5 million light-duty vehicles annually.

9/10/2023

Tesla Shifts Next-Gen EV Production to Texas, Puts Affordable Model on Track

Tesla has adjusted its plans for the next-generation electric vehicles, including the development of a fully autonomous Robotaxi and an affordable model, both to be produced on the next-generation platform; production of these vehicles will take place in Austin, Texas instead of Mexico due to the unwillingness of engineers to relocate.

9/18/2023

Tesla's Plans for New Factory Spurs Global Competition Between Turkey and Texas

Tesla is planning to build another factory and is being sought after by various locations around the world.

9/18/2023

Musk in Talks to Open Tesla Factory in Saudi Arabia, Raising Concerns Over Regime's Potential Twitter Influence

Tesla CEO Elon Musk is reportedly discussing opening a new manufacturing facility in Saudi Arabia, potentially helping the company reach its goal of selling 20 million vehicles per year by 2030.

9/18/2023

Musk Denies Saudi Factory Talks Despite Country's EV Push

Tesla CEO Elon Musk denies reports of talks with Saudi Arabia about setting up a manufacturing facility in the country and obtaining minerals for electric vehicles.

9/22/2023

Tesla Eyes Battery Factory in India as Part of Major Expansion Plan

Tesla is considering building a battery factory in India to expand its presence in the country's fast-growing economy.

9/28/2023

Saudi Arabia Makes Ambitious Bet on Electric Vehicles Despite Major Obstacles

Saudi Arabia is ramping up its efforts to become a major player in the electric vehicle (EV) industry, with plans to manufacture 500,000 EVs per year by 2030, but the country still faces significant obstacles such as high costs, limited industrial base, and competition from other countries already established in the auto sector.

10/5/2023

Hyundai, Kia to Adopt Tesla's Charging Standard, Give EV Owners Access to 12,000+ Superchargers

Hyundai and Kia have announced their decision to adopt Tesla's electric vehicle (EV) charging technology in the United States, making Tesla's superchargers closer to becoming the industry standard at the expense of the rival Combined Charging System (CCS).

Topics

Posted 9/18/2023, 1:50:00 PM

Tesla and Saudi Arabia Reportedly Discussing Potential EV Factory Deal

Tesla and Saudi Arabia reportedly in early talks about building an EV factory in the country.
Saudi Arabia trying to lure Tesla by offering access to cobalt from Congo.
Saudi Arabia invested in Lucid Motors and secured a factory deal.
In 2018, Saudi proposed helping take Tesla private but Musk dropped the idea.
Musk has denied the report that Tesla is in talks with Saudi Arabia.

electrek.co

Relevant topic timeline:

8/16/2023

Tracking the EV battery factory construction boom across North America

9/10/2023

Tesla Shifts Next-Gen EV Production to Texas, Puts Affordable Model on Track

9/18/2023

Tesla's Plans for New Factory Spurs Global Competition Between Turkey and Texas

Tesla is planning to build another factory and is being sought after by various locations around the world.

9/18/2023

Musk in Talks to Open Tesla Factory in Saudi Arabia, Raising Concerns Over Regime's Potential Twitter Influence

Tesla CEO Elon Musk is reportedly discussing opening a new manufacturing facility in Saudi Arabia, potentially helping the company reach its goal of selling 20 million vehicles per year by 2030.

9/18/2023

Musk Denies Saudi Factory Talks Despite Country's EV Push

Tesla CEO Elon Musk denies reports of talks with Saudi Arabia about setting up a manufacturing facility in the country and obtaining minerals for electric vehicles.

9/22/2023

Tesla Eyes Battery Factory in India as Part of Major Expansion Plan

Tesla is considering building a battery factory in India to expand its presence in the country's fast-growing economy.

9/28/2023

Saudi Arabia Makes Ambitious Bet on Electric Vehicles Despite Major Obstacles

10/5/2023

Hyundai, Kia to Adopt Tesla's Charging Standard, Give EV Owners Access to 12,000+ Superchargers