Politisk Analyse

January 25, 2026, 3:28 PM EST. Lucid is doubling down on manufacturing in Saudi Arabia, betting on a tariff-free export route as it deepens ties with the PIF. The company owns a near-60% stake and aims to shift from partial assembly to full-scale production by 2026, targeting 150,000 vehicles a year by 2029. The plan aligns with Saudi Vision 2030, which seeks non-oil growth and a Red Sea automotive export hub, supported by SEZs offering tax exemptions and 0% customs duties. By contrast, Tesla's India push relies on imports, facing duties up to 110% and price pressure; the Model Y starts near $70,000, with discounts to clear stock. The takeaway: Lucid bets on local production and tariff protection, while Tesla leans on an import-led path.