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(4/13/2025)
Tesla is bringing its electric cars to oil-rich Saudi Arabia amid falling global sales
<a href=https://apetureflmance.com>aperture finance</a>
Tesla will start selling its electric vehicles in Saudi Arabia, entering the Gulf region’s largest economy as the company’s global sales are sliding and CEO Elon Musk courts controversy with his role in the US government.
The carmaker announced Wednesday that it would host a launch event in the kingdom on April 10, where it will showcase its EVs. Attendees will also have the chance to “experience the future of autonomous driving with Cybercab and meet Optimus, our humanoid robot, as we showcase what’s next in AI and robotics,” Tesla (TSLA) said.
Tesla may struggle to gain market share in oil-rich Saudi Arabia as EVs make up a little over 1% of all car sales in the country, according to a report by consultancy PwC published in September.
Tesla’s entry into the new market comes as the company fights battles on several fronts.
Last year, it recorded the first annual decline in sales in its history as a public company, posting a of 1%.
The company is facing intensifying competition in China, the world’s largest auto market. On Tuesday, BYD, a Chinese maker of electric and hybrid cars, reported $107 billion in annual sales for 2024, beating the near-$98 billion notched by Tesla.
And last week, BYD unveiled an ultra-fast charging system, which it said was capable of adding 250 miles (402 km) of range in just five minutes, easily outdoing Tesla’s charging technology. Tesla’s Superchargers take 15 minutes to charge an EV, providing a range of 200 miles.
Tesla has also suffered slumping sales in Europe. In February, the carmaker sold around 40% fewer vehicles on the continent compared with the same month in 2024, according to the European Automobile Manufacturers’ Association.
<a href=https://apetureflmance.com>aperture finance</a>
Tesla will start selling its electric vehicles in Saudi Arabia, entering the Gulf region’s largest economy as the company’s global sales are sliding and CEO Elon Musk courts controversy with his role in the US government.
The carmaker announced Wednesday that it would host a launch event in the kingdom on April 10, where it will showcase its EVs. Attendees will also have the chance to “experience the future of autonomous driving with Cybercab and meet Optimus, our humanoid robot, as we showcase what’s next in AI and robotics,” Tesla (TSLA) said.
Tesla may struggle to gain market share in oil-rich Saudi Arabia as EVs make up a little over 1% of all car sales in the country, according to a report by consultancy PwC published in September.
Tesla’s entry into the new market comes as the company fights battles on several fronts.
Last year, it recorded the first annual decline in sales in its history as a public company, posting a of 1%.
The company is facing intensifying competition in China, the world’s largest auto market. On Tuesday, BYD, a Chinese maker of electric and hybrid cars, reported $107 billion in annual sales for 2024, beating the near-$98 billion notched by Tesla.
And last week, BYD unveiled an ultra-fast charging system, which it said was capable of adding 250 miles (402 km) of range in just five minutes, easily outdoing Tesla’s charging technology. Tesla’s Superchargers take 15 minutes to charge an EV, providing a range of 200 miles.
Tesla has also suffered slumping sales in Europe. In February, the carmaker sold around 40% fewer vehicles on the continent compared with the same month in 2024, according to the European Automobile Manufacturers’ Association.
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The NASA Curiosity rover has detected the largest organic molecules found to date on Mars, opening a window into the red planet’s past. The newly detected compounds suggest complex organic chemistry may have occurred in the planet’s past — the kind necessary for the origin of life, according to new research.
The organic compounds, which include decane, undecane and dodecane, came to light after the rover analyzed a pulverized 3.7 billion-year-old rock sample using its onboard mini lab called SAM, short for Sample Analysis at Mars.
Scientists believe the long chains of molecules could be fragments of fatty acids, which are organic molecules that are chemical building blocks of life on Earth and help form cell membranes. But such compounds can also be formed without the presence of life, created when water interacts with minerals in hydrothermal vents.
The molecules cannot currently be confirmed as evidence of past life on the red planet, but they add to the growing list of compounds that robotic explorers have discovered on Mars in recent years. A study detailing the findings was published Monday in the journal Proceedings of the National Academy of Sciences.
The detection of the fragile molecules also encourages astrobiologists that if any biosignatures, or past signs of life, ever existed on Mars, they are likely still detectable despite the harsh solar radiation that has bombarded the planet for tens of millions of years.
“Ancient life, if it happened on Mars, it would have released some complex and fragile molecules,” said lead study author Dr. Caroline Freissinet, research scientist at the French National Centre for Scientific Research in the Laboratory for Atmospheres, Observations, and Space in Guyancourt, France. “And because now we know that Mars can preserve these complex and fragile molecules, it means that we could detect ancient life on Mars.”
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