Elon Musk invited to attend investment summit in Saudi Arabia: report
A planning note reported viewed by Reuters has indicated that Tesla CEO Elon Musk has been invited to a Saudi-U.S. investment forum in Riyadh, the capital of Saudi Arabia. The event is expected to be held on Tuesday.
Musk’s reported invitation comes on the sidelines of United States President Donald Trump’s visit to the Middle East.
Musk’s Invitation
As per Reuters, the upcoming investment forum is expected to be attended by some of the most distinguished people in the investment world. These include the CEOs of high-profile companies such as Blackrock, Citigroup, IBM, Boeing, Delta Airlines, American Airlines, and United Airlines, among others, the publication noted.
Considering the other attendees of the event, Elon Musk would likely fit right thanks to his leadership of companies like Tesla, SpaceX, and xAI, as well as his close ties with the Trump administration through his work at the Department of Government Efficiency (DOGE).
.كانت ليلة لا تُنسى – شكرًا للمملكة العربية السعودية! تبدأ تجارب القيادة اليوم pic.twitter.com/HAJFtIVraM
— Tesla Europe & Middle East (@teslaeurope) April 11, 2025
Musk and Saudi Arabia
Elon Musk’s relationship with Riyadh have notably improved since the start of Trump’s second term as United States president. Highlighting this improvement was Tesla’s launch in Saudi, which was held in April. Tesla’s launch was a notable event based on videos posted of the occasion, with the company showcasing some of its most exciting products, including the Cybertruck and the Cybercab, its self-driving robotaxi.
Tesla’s launch in Saudi Arabia, as well as his reported invitation to the upcoming investment forum, suggests that the CEO’s feud with Yasir Al Rumayyan, head of the $925 billion Public Investment Fund, has ended. The PIF Head was among the people involved in Elon Musk’s infamous “funding secured” tweet in 2018, which resulted in hefty fines and his removal as Tesla’s Board Chair. The PIF also sold its Tesla holdings and invested in another EV company, Lucid Group Inc.
The post Elon Musk invited to attend investment summit in Saudi Arabia: report appeared first on TESLARATI.
Source: https://www.teslarati.com/elon-musk-to-attend-investment-summit-saudi-arabia/
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