Saudi Arabia is opening its doors to Elon Musk at a critical time for Tesla

Tesla announced its launch in Saudi Arabia.

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• Tesla says it'll be entering the Saudi market in April.
• The company said its launch event in Riyadh will "showcase what's next in AI and robotics."
• This comes at a crucial time — Tesla is reeling from declining sales and a falling stock price.

Elon Musk's Tesla has been admitted into the Gulf's largest economy, Saudi Arabia, at a crucial time for the electric vehicle producer.

On Wednesday...