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On Friday, Tesla made an announcement revealing that it has officially commenced the sale of the Cybertruck in Qatar. This development comes hot on the heels of its business launch in Saudi Arabia earlier in the year.
This strategic move clearly highlights Tesla's unwavering resolve to bolster its global footprint, especially at a time when it's facing a slowdown in demand and facing stiffer competition in its key markets.
In the third quarter, Tesla witnessed a record-breaking number of deliveries. This was largely fueled by a sudden rush of U.S. buyers who were eager to make purchases before the tax credit policies expired on September 30. Nevertheless, industry analysts are predicting a substantial drop in fourth-quarter deliveries, as the incentives for buying electric vehicles are set to vanish.
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