URGENT UPDATE: Elon Musk and Saudi Crown Prince Seal Colossal Deal, Pushing Tesla Above $1 Trillion 📈🔥 | HO
A historic event has shaken the business and geopolitical world. Elon Musk, CEO of Tesla and SpaceX, and Mohammed bin Salman, the Crown Prince of Saudi Arabia, have officially closed a strategic deal of such massive value that it immediately pushed Tesla’s market capitalization above the $1 trillion threshold.
An Unprecedented Strategic and Energy Agreement
According to sources close to the deal, it includes the construction of a Tesla Gigafactory in the futuristic city of Neom, in the heart of the Saudi desert, as well as a long-term investment by the Saudi Public Investment Fund (PIF) in clean technologies, next-generation batteries, and exclusive access to strategic minerals.
“This is not just business, it’s the union of two visions for the future: Elon Musk’s vision of a sustainable planet, and MBS’s vision for the modernization of the Gulf,” said a Bloomberg analyst.
It is estimated that the PIF will invest more than $50 billion in Tesla over the next 10 years, positioning the kingdom as a key partner in the global expansion of electric mobility.
Explosive Reaction in the Markets
The news was officially announced during a conference in Riyadh and generated an immediate reaction on Wall Street. In just a few hours:
Tesla shares rose 13%.
Trading volume multiplied fivefold.
The company surpassed the symbolic $1 trillion market capitalization barrier.
“This is a turning point in the relationship between traditional energy resources and new clean technologies,” commented the Financial Times.
A Partnership of Convenience or Shared Vision?
Although the deal surprised many, it makes strategic sense. Musk has repeatedly emphasized the need to secure essential resources for his electric batteries (such as lithium and nickel), while Saudi Arabia, through its “Vision 2030” plan, seeks to diversify its economy beyond oil.
“Tesla gains autonomy and access to strategic minerals; Saudi Arabia positions itself as a leader in green innovation,” explained an internal source.
The agreement also includes joint research and production projects, and the first Tesla vehicle manufactured on Saudi soil is expected to be available in 2027.
Criticism from Activists and Analysts
Despite market enthusiasm, the deal has drawn strong criticism. Human rights activists question collaboration with a regime accused of censorship, repression, and political violence.
On X (formerly Twitter), many users recalled the case of journalist Jamal Khashoggi and accused Musk of “ethical hypocrisy.”
“Musk preaches freedom but makes deals with dictatorships for money,” wrote one user with thousands of followers.
Concerns have also been raised about working conditions in potential Saudi production centers and the environmental impact of mining operations.
Future and Projections
With this agreement, Tesla could strengthen its global leadership in the electric vehicle market, especially in regions with extreme climates such as the Middle East and Africa. The plan includes models designed specifically for high temperatures and sandy conditions, representing a new line of innovation.
The alliance between Elon Musk and the Saudi Crown Prince marks a new chapter in the global economy. Beyond money and technology, this pact raises profound questions about values, ethics, and the future of global sustainability.
As Tesla celebrates its historic leap, the world watches closely what this agreement represents: a new era of power, investment, and influence.
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