The US president, Donald Trump, is currently in Saudi Arabia, busy inking a deal enabling $600B worth of capital inflows to the US. At the same time, Elon Musk was also seen visiting Saudi Arabia and was documented having a hearty conversation with several Saudi officials, outlining the American innovation packaged in the form of new Tesla robots. While Nvidia has already announced a stellar AI collab with Saudi Arabia’s Humain project, is Tesla (TSLA) also eyeing a remarkable Gulf tech collab?
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Tesla X Saudi Arabia?
Donald Trump, the president of the United States, is currently in Saudi Arabia, busy forging collaborative ties with the Saudi Arabian regime. Trump has also been successful in this endeavor, as both nations signed a noteworthy collaboration deal, enabling the Saudi government to invest $600 billion in the US. As the evening unfolded, Nvidia’s CEO Jensen Huang also made a stellar announcement, adding how his firm will be collaborating with Humain, Saudi Arabia’s AI project. Such synchronized efforts have led Nvidia to encounter a new high valuation when it comes to its stock, as the announcement helped TSLA surge 5% in a bullish comeback.
BREAKING: Nvidia, $NVDA, announces a partnership with Humain to build "AI factories of the future" in Saudi Arabia.
Just one hour ago, Saudi Arabia signed an economic agreement with President Trump to invest $600 billion in the US.$NVDA is up over +5% today. pic.twitter.com/Xd1oNUr2Ir— The Kobeissi Letter (@KobeissiLetter) May 13, 2025
Furthermore, the speculative regimens have now added another promising aspect to this development. A new air of conjecture signals how Elon Musk’s presence in Saudi Arabia is not an accident and is rather a strategic move to ink better Tesla-centric deals with the region.
Elon Musk visits to Saudi Arabia is not accidental.
— I Meme Therefore I Am 🇺🇸 (@ImMeme0) May 13, 2025
Tesla officially launched in Saudi Arabia in April 2025 with an event in Riyadh showcasing the Cybertruck, a new Model Y, and the Optimus robot. The move supports Saudi Arabia’s Vision 2030 goal to boost EV adoption and… pic.twitter.com/DDg1ijbKap
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Musk X Saudi Arabia: A Deal Under Works?
Elon Musk was also seen sharing details about his latest Tesla innovations. In one of the interview snippets making rounds on X, Musk can be seen talking about his latest Optimus robots with Saudi Arabian officials, giving active hints of possible Tesla collaboration with the nation.
“We just showed several of our @Tesla Optimus robots to His Highness and President Trump. And I think they were very impressed. In fact, one of our robots did the Trump dance. Which they thought was pretty cool; we’re headed to a radically different world.”
Elon Musk today: "We just showed several of our @Tesla Optimus robots to his Highness and President Trump and I think they were very impressed. In fact, one of our robots did the Trump dance, which they thought was pretty cool; We're headed to a radically different world." pic.twitter.com/Air3vzMyHN
— Sawyer Merritt (@SawyerMerritt) May 13, 2025
Tesla Eyes New Price Highs
As Musk unveiled his new Tesla robot, Optimus, offering it to the world, investors are now keenly eyeing the TSLA price targets in the near future.
Per TipRanks, TSLA is eyeing $450, which it can achieve in the next 12 months.
“The average price target for Tesla is 275.68. This is based on 37 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst price target is $450.00, and the lowest forecast is $19.05. The average price target represents -17.48%. Decrease from the current price of $334.07.”
How High Can TSLA Surge If The Firm Inks A Deal With Saudi Arabia?
If Tesla announces a major deal with Saudi Arabia. With funding, production, and facilities. Per ChatGPT, TSLA stock could surge to $450.
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