Shares of Tesla Inc. rose 0.3% in premarket trading Monday, after The Wall Street Journal reported that the electric vehicle giant is in talks to set up a...
Shares of Tesla Inc.
rose 0.3% in premarket trading Monday, after The Wall Street Journal reported that the electric vehicle giant is in talks to set up a manufacturing facility in the Kingdom of Saudi Arabia. Citing people familiar with the discussions, the WSJ report said the talks are part of the Kingdom’s push to secure metals needed to make EV and to diversify its economy away from oil. The talks are at a very early stage and could still fall apart, the WSJ reported.
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