Mukesh Ambani’s Reliance may bring Elon Musk's Tesla to India? Talks ‘at initial stage’
8 months, 1 week ago

Mukesh Ambani’s Reliance may bring Elon Musk's Tesla to India? Talks ‘at initial stage’

Hindustan Times  

Tesla might be looking for a local partner to set up its operations in India, a report claimed. The Hindu Business Line reported citing people in the know that Tesla is in talks with Reliance Industries for a possible joint venture to build the manufacturing facility in India. “While the role of RIL hasn’t been crystalised yet, it is expected that the Indian conglomerate may play a significant hand in establishing the manufacturing facility and the allied ecosystem for Tesla in India,” another source said as per the report. Tesla has committed $2 billion to its upcoming plans in India and has been looking at multiple locations, including Gujarat and Maharashtra, for setting up the plant, the report claimed. Senior officials of Tesla are expected to visit India to finalise the plant location in a month or so and finalised the joint venture with Reliance, the report added.

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History of this topic

Elon Musk's Tesla seeks showroom space in New Delhi, may be rethinking Indian market entry
1 week, 5 days ago

Elon Musk's Tesla seeks showroom space in New Delhi, may be rethinking Indian market entry

Firstpost  

Recent policy changes by the Indian government, aimed at attracting global automakers, could allow Tesla to import certain EVs at a reduced 15% tax rate if it commits to local investments Tesla is reportedly seeking a 3,000 to 5,000 square foot space for a consumer experience centre, along with a larger facility for vehicle deliveries and service operations. Image Credit: …

Elon Musk's Tesla resumes hunt for New Delhi showroom with DLF: Report
1 week, 6 days ago

Elon Musk's Tesla resumes hunt for New Delhi showroom with DLF: Report

India Today  

Elon Musk's Tesla has resumed its search for showroom space in New Delhi, signaling a renewed interest in the Indian market after halting investment plans earlier this year, reported news agency Reuters. Tesla, which paused its expansion efforts in India for months, is now considering sites like DLF’s Avenue Mall in southern Delhi and the Cyber Hub in Gurugram. Avenue …

Musk vs Ambani: A celestial battle for India's broadband future
3 weeks, 6 days ago

Musk vs Ambani: A celestial battle for India's broadband future

Live Mint  

Elon Musk and Mukesh Ambani, two of the world's richest persons, are circling over India's satellite broadband market—possibly the next frontier of the Indian telecom wars—and taking opposing positions. Meanwhile, Musk’s proximity to incoming US president Donald Trump adds another dimension, in addition to technology and business models, for dominance of an industry of great strategic importance. Musk reportedly sat …

Watch | Trump 2.0: What should India watch out for?
1 month, 2 weeks ago

Watch | Trump 2.0: What should India watch out for?

The Hindu  

The world view of many countries, especially the U.S. has definitely changed with this week’s election results. Less U.S. pressure on democracy, minority rights, press freedoms More muted comments on the Pannun-Nijjar issue, and given Trump’s tensions with Trudeau, less worry that India-Canada ties could affect India-US ties. What then are the negatives New Delhi should watch out for: Trump’s …

Elon Musk’s India visit in limbo, could Donald Trump’s win boost Tesla entry into India?
1 month, 2 weeks ago

Elon Musk’s India visit in limbo, could Donald Trump’s win boost Tesla entry into India?

Live Mint  

After Donald Trump was declared the new President of the United States of America, shares of Elon Musk's companies began soaring based on the tech billionaire's close association with the Republican nominee's presidential campaign, according to an AFP report. Musk Role In Trump Office In previous indications on the matter, Musk has claimed that he can chop off around $2 …

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed
4 months, 1 week ago

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

Associated Press  

HANOI, Vietnam — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. To woo automakers like Tesla while also protecting domestic carmakers like Mahindra and Maruti Suzuki, India reduced its import duties to 15% from 70%-100% in March 2024 for EVs cheaper than $35,000 — as long the automaker commits to building a factory in …

Elon Musk stops contact with India over investment as Tesla faces capital crisis: Report
5 months, 2 weeks ago

Elon Musk stops contact with India over investment as Tesla faces capital crisis: Report

Hindustan Times  

Elon Musk is not expected to move forward with Tesla investment in India any time soon as exectutives from the electric carmaker have stopped contacted officials in the country, Bloomberg reported citing people in know. The report claimed that Elon Musk’s team hasn’t made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India …

Elon Musk congratulates Modi, says Looking forward to doing 'exciting work' in India
6 months, 2 weeks ago

Elon Musk congratulates Modi, says Looking forward to doing 'exciting work' in India

Deccan Chronicle  

New York: American tech billionaire Elon Musk has said he is looking forward to his companies doing "exciting work" in India, as he congratulated Prime Minister Narendra Modi on his historic election victory. The congratulatory message came two months after the CEO of the electric carmaker Tesla and microblogging platform X in April postponed his proposed visit to India due …

Tesla CEO Elon Musk congratulates Narendra Modi ahead of swearing-in
6 months, 2 weeks ago

Tesla CEO Elon Musk congratulates Narendra Modi ahead of swearing-in

Hindustan Times  

Tesla and SpaceX CEO Elon Musk congratulated Prime Minister designate Narendra Modi on winning the 2024 general elections in India. Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk during their meeting in New York City in 2023 Three days after the Lok Sabha results 2024 were declared, Elon Musk tweeted, “Congratulations @narendramodi on your victory in …

‘Biggest loser’: US entrepreneur slams Elon Musk’s choice of China over India for Tesla manufacturing unit
7 months, 1 week ago

‘Biggest loser’: US entrepreneur slams Elon Musk’s choice of China over India for Tesla manufacturing unit

Live Mint  

Indian-American academic, entrepreneur, and author, Vivek Wadhwa has slammed the decision of billionaire Elon Musk eschewing India for the Tesla manufacturing operation. Wadhwa wrote that "Elon is going to be the biggest loser" by picking China over India for manufacturing the Tesla electric cars. A week later, Musk turned up in China, meeting with Premier Li Qiang and making progress …

Chidambaram jabs PM Modi as Elon Musk cancels India trip but visits China
7 months, 3 weeks ago

Chidambaram jabs PM Modi as Elon Musk cancels India trip but visits China

Hindustan Times  

Congress leader P. Chidambaram attacked Prime Minister Narendra Modi on Monday as Tesla chief Elon Musk, who ditched his planned India visit, instead made a surprise visit to China. "Elon Musk deferred visit to India citing ‘Tesla obligations’ Within days, he visited China and held talks with PM of China and discussed bringing his new Self-driven car to China," the …

Tesla India factory delayed? Musk's shift on low-cost EVs may put India, Mexico plants at risk
7 months, 4 weeks ago

Tesla India factory delayed? Musk's shift on low-cost EVs may put India, Mexico plants at risk

Firstpost  

Tesla is planning to make newer, cheaper EVs on its existing production lines. CEO Elon Musk responded to the Reuters report on X, dismissing it as a “lie.” On Tuesday, Tesla discussed new models that appeared to differ from the Model 2, without directly addressing the Reuters report. In January, Musk announced Tesla’s plans to start making a cheaper new …

Tesla to focus on low-cost cars: No India, Mexico factory plans now?
8 months ago

Tesla to focus on low-cost cars: No India, Mexico factory plans now?

Hindustan Times  

Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term. "I think it's a positive that he's not just barreling ahead with an expansion plan, ignoring the challenges in the market and …

Tesla cars may have X integration ‘soon’, Elon Musk says: What this means?
8 months ago

Tesla cars may have X integration ‘soon’, Elon Musk says: What this means?

Hindustan Times  

Elon Musk, the owner of Tesla and social media platform, X, has hinted about the integration of both these platforms soon. This happened when a follower asked if the X app could be integrated with Tesla, to which Musk replied, “Coming soon.” It means that Tesla owners will be able to use the X platform via some software update in …

OpenAI hits back at billionaire Elon Musk over ‘revisionist history’
8 months ago

OpenAI hits back at billionaire Elon Musk over ‘revisionist history’

Hindustan Times  

The world of artificial intelligence may be growing by leaps and bounds now, but there were times when things were not as rosy. At that time, billionaire Elon Musk, an early founder, was virtually the only thing that stood between it and the achievement of its goals as well as its continued existence. Billionaire Elon Musk, an early founder of …

Meet Rohan Patel, man at core of Tesla's India plans who exited firm days before Elon cancelled Delhi trip
8 months ago

Meet Rohan Patel, man at core of Tesla's India plans who exited firm days before Elon cancelled Delhi trip

Hindustan Times  

Elon Musk today announced his decision to postpone a key visit to India to expand Tesla market due to ‘very heavy Tesla obligations’. Rohan Patel, Tesla's vice president of public policy and business development, exited the company on April 15, 2023 "Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look …

Elon Musk delays India visit due to very heavy Tesla obligations
8 months ago

Elon Musk delays India visit due to very heavy Tesla obligations

Deccan Chronicle  

Tesla CEO Elon Musk has delayed his trip to India. In a post replying to a news report that cited the delay of his India Trip, Elon Musk posted on X "Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year. "Musk was also expected …

Tesla, Starlink entry on agenda when Musk heads to India
8 months ago

Tesla, Starlink entry on agenda when Musk heads to India

New Indian Express  

MUMBAI: Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world's most populous nation, with electric carmaker Tesla -- suffering a sales downturn in the United States -- reportedly scouting factory locations. Also likely to be on the agenda for the self-described "free speech absolutist" is the large number of content takedown …

Elon Musk likely to unveil $2-$3 billion India investment during visit, sources say
8 months ago

Elon Musk likely to unveil $2-$3 billion India investment during visit, sources say

The Hindu  

Tesla chief Elon Musk is set to announce an investment in India of $2-$3 billion, mainly for building a new factory, when he visits New Delhi next week to meet Prime Minister Narendra Modi, two sources familiar with the discussions said. Details of Mr. Musk's India visit are closely-guarded, with the CEO only publicly confirming on his social media platform …

Elon Musk likely to announce $2-$3 billion India investment during visit: Report
8 months ago

Elon Musk likely to announce $2-$3 billion India investment during visit: Report

Hindustan Times  

Tesla CEO Elon Musk, who is scheduled to visit India next week, is likely to announce an investment worth $2-$3 billion, news agency Reuters reported citing the sources familiar with the development. India's Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk during their meeting in New York City in 2023. Read here: Elon Musk's India visit: …

'Reduce Cost, Increase Productivity': Elon Musk On Tesla's Decision To Lay Off Over 14,000 Employees
8 months, 1 week ago

'Reduce Cost, Increase Productivity': Elon Musk On Tesla's Decision To Lay Off Over 14,000 Employees

ABP News  

Tesla, the Elon Musk-owned electric vehicle major, has recently disclosed plans to reduce its workforce globally by over 10 per cent, as reported by electrek.com, based on an internal memo shared by Musk with employees. What Musk Said Elon Musk has communicated through an internal memo that the company needs to enhance productivity and cut costs to gear up for …

Tesla scouts for its first India showroom locations
8 months, 1 week ago

Tesla scouts for its first India showroom locations

The Hindu  

U.S. electric carmaker Tesla is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions said. India last month cut electric vehicle import taxes to 15% from as much as 100% for automakers that invest at least $500 million and set up a …

'Elon Musk being Modi supporter is one thing, but…': PM on Tesla chief's India visit
8 months, 1 week ago

'Elon Musk being Modi supporter is one thing, but…': PM on Tesla chief's India visit

Hindustan Times  

Ahead of Tesla chief Elon Musk's visit to India, Prime Minister Narendra Modi said that the world's richest billionaire is a “supporter of India”. Prime Minister Narendra Modi shakes hand with Tesla chief executive Elon Musk In an interview with ANI broadcasted on Monday, PM Modi, when asked about the possibility of seeing Tesla cars and Starlink in India, remarked, …

Ahead of Elon Musk's India visit, Tesla explores showroom locations in New Delhi, Mumbai: Report
8 months, 1 week ago

Ahead of Elon Musk's India visit, Tesla explores showroom locations in New Delhi, Mumbai: Report

India TV News  

Washington: Ahead of Tesla CEO Elon Musk's visit to India, the US electric carmaker is looking at potential showroom locations in New Delhi and Mumbai ahead of plans to begin sales in India later this year, two people familiar with the discussions told news agency Reuters. India last month cut electric vehicle import taxes to 15% from as much as …

'Doesn't matter who invests money, Indian youths should get employment': PM Modi on Elon Musk's Tesla entry
8 months, 1 week ago

'Doesn't matter who invests money, Indian youths should get employment': PM Modi on Elon Musk's Tesla entry

India TV News  

New Delhi: Prime Minister Narendra Modi, during an interview with a news agency, asserted he wants American electric car manufacturer, Tesla to invest in India but with a condition that it should provide employment opportunities to Indian youths. Why employment opportunities are crucial for India Notably, Modi's response came days after the Institute for Human Development and International Labour Organisation …

Not just Tesla, Elon Musk's India visit may also bring Starlink announcement
8 months, 1 week ago

Not just Tesla, Elon Musk's India visit may also bring Starlink announcement

Hindustan Times  

Tesla CEO Elon Musk's upcoming visit to India has sparked speculations of the electric car company's entry into Indian markets soon. While it sparked rumours that Tesla's plans for India may be revealed this month, speculations on the potential entry of Musk's Starlink network in the country were also there. Elon Musk's Starlink threw its hat in the ring for …

Tesla CEO Elon Musk's India visit to last around 48 hours: What's his plan?
8 months, 1 week ago

Tesla CEO Elon Musk's India visit to last around 48 hours: What's his plan?

Hindustan Times  

Elon Musk's India visit: Tesla CEO Elon Musk's India visit will last around 48 hours during during which the billionaire will make mega announcements. These will include plans to start Starlink services in India, CNBC-TV18 reported adding that Elon Musk will be in India on April 21 and 22. Elon Musk's confirmation of India visit The report comes after Elon …

Tesla on Tamil Nadu's radar ahead of Elon Musk's India visit: Report
8 months, 1 week ago

Tesla on Tamil Nadu's radar ahead of Elon Musk's India visit: Report

India Today  

The Tamil Nadu government is set to aggressively market the state as a potential manufacturing site for global electric vehicles giant Tesla ahead of Elon Musk’s visit to India, reported Bloomberg News. Tamil Nadu’s Minister for Industries, Investment Promotion & Commerce TRB Rajaa told the publication that the state “will be pitching for all opportunities of electric vehicle manufacturing from …

TS eyeing Tesla project, Sridhar Babu welcomes Musk to state
8 months, 1 week ago

TS eyeing Tesla project, Sridhar Babu welcomes Musk to state

Deccan Chronicle  

Hyderabad: Even as Tesla CEO Elon Musk confirmed his visit to India later this month, Telangana, which has been chasing Tesla project has welcomed the billionaire to the state. "Telangana with it's Industry friendly policy, is working with a progressive and futuristic vision by creating a world class Infrastructure and hassle free permissions system to enable best in class companies …

Tesla CEO Elon Musk to visit India this month; to meet PM
8 months, 1 week ago

Tesla CEO Elon Musk to visit India this month; to meet PM

Deccan Chronicle  

New Delhi: American electric car maker Tesla CEO Elon Musk is visiting India later this month to meet Prime Minister Narendra Modi and is likely to announce the company's investment plans in the country, according to sources.Musk, who has described as a 'natural progression' to provide Tesla electric vehicles in India, is likely to be accompanied by other company executives …

Tesla CEO Elon Musk to visit India this month; to meet PM Modi
8 months, 1 week ago

Tesla CEO Elon Musk to visit India this month; to meet PM Modi

The Hindu  

American electric car maker Tesla CEO Elon Musk is visiting India later this month to meet Prime Minister Narendra Modi and is likely to announce the company's investment plans in the country, according to sources. In June last year, Mr. Musk met with Mr. Modi during the latter's US visit and stated that he planned to visit India in 2024 …

Elon Musk to meet PM Modi in April, announce investment plans in India: Report
8 months, 1 week ago

Elon Musk to meet PM Modi in April, announce investment plans in India: Report

Hindustan Times  

Tesla CEO Elon Musk will visit India this month to meet PM Narendra Modi. He is also expected to make an announcement related to investment plans in the country and opening a new factory, news agency Reuters reported citing people in the know. “Talks are at initial stages and have been ongoing for over a month,” a person aware of …

PM Modi to meet Elon Musk this month, Tesla CEO says 'Looking forward to it'
8 months, 2 weeks ago

PM Modi to meet Elon Musk this month, Tesla CEO says 'Looking forward to it'

India Today  

Tesla founder and CEO Elon Musk is planning to visit India later this month to meet Prime Minister Narendra Modi. The electric vehicle manufacturing giant is in the initial stages of talks with Reliance Industries Limited to form a joint venture to build a manufacturing plant in India, reported The Hindu BusinessLine quoting sources. It's a natural progression to provide …

Elon Musk’s major update on when Tesla electric vehicles are coming to India
8 months, 2 weeks ago

Elon Musk’s major update on when Tesla electric vehicles are coming to India

Hindustan Times  

Tesla CEO Elon Musk said that it will be a natural progression for his company to provide electric vehicles in India. Elon Musk gave a major update on when Tesla vehicles will come into India. What reports claimed on Tesla searching for a location for India factory It was reported that Maharashtra and Gujarat extended land offers to Tesla for …

'Cannot discuss in public domain': Karnataka minister on Tesla investment
8 months, 2 weeks ago

'Cannot discuss in public domain': Karnataka minister on Tesla investment

Hindustan Times  

Karnataka Industries Minister MB Patil said that issues like Tesla’s investments in Karnataka cannot be discussed on public platforms. 'Cannot discuss in public domain': Karnataka minister on Tesla investment Multiple reports have suggested that US electric car giant Tesla will be sending a team to India to look for an ideal location to establish an electric car plant with an …

Tesla begins hunt for sites to build car factory in India: Report
8 months, 2 weeks ago

Tesla begins hunt for sites to build car factory in India: Report

India Today  

Tesla is looking to set up a big factory in India and is sending over a team to scout for possible locations, reported The Financial Times. Last month, India decided to lower the taxes on some electric cars made by companies that agree to invest at least Rs 3,700 crore and start making cars in India within three years. But …

Elon Musk reacts 'yeah' to derogatory tweet about India being 'third world' country
8 months, 3 weeks ago

Elon Musk reacts 'yeah' to derogatory tweet about India being 'third world' country

Op India  

On the 25th of March, Elon Musk, the owner of social media platform X, found himself at the centre of online outrage after his comment on an X post calling India “third world”. Yeah — Elon Musk March 25, 2024 This, however, did not go well with Indian X users and soon an outrage erupted in response to Musk’s comment …

India Approves EV Policy to Attract Global Players
9 months, 1 week ago

India Approves EV Policy to Attract Global Players

Deccan Chronicle  

New Delhi: In a move to make India as a manufacturing destination for electric vehicles or EVs in the country, the Centre on Friday approved the e-vehicle policy. As per the policy, a company will get three years for setting up manufacturing facilities in India and to start commercial production of e-vehicles, and reach 50 per cent domestic value addition …

Explained: How does new EV policy pave road for Elon Musk's Tesla in India?
9 months, 1 week ago

Explained: How does new EV policy pave road for Elon Musk's Tesla in India?

Hindustan Times  

Centre on Friday approved a new policy for electric vehicles which offers duty concessions on imported cars to companies that invest at least USD 500 million to set up manufacturing units in India. Over recent months, Tesla representatives visited India frequently, and CEO Elon Musk even met Prime Minister Narendra Modi last year. 'No special treatment to Tesla' Recently, commerce …

India's EV import tax reduction policy signals victory for Tesla and global automakers
9 months, 1 week ago

India's EV import tax reduction policy signals victory for Tesla and global automakers

India TV News  

India announced plans to reduce import taxes on specific electric vehicles, contingent on companies investing a minimum of $500 million and establishing a manufacturing plant within three years, signalling a significant policy pivot. Beyond Tesla While Tesla stood to benefit significantly from the policy, it also paved the way for other global automakers to tap into India's automotive market, the …

Will Centre change rules to suit Elon Musk's EV maker Tesla? Union minister Piyush Goyal replies
9 months, 1 week ago

Will Centre change rules to suit Elon Musk's EV maker Tesla? Union minister Piyush Goyal replies

Hindustan Times  

Union minister Piyush Goyal has said that the government will not tailor its policies to suit Elon Musk's Tesla and would instead formulate laws and tariff rules to attract all electric vehicle manufacturers from across the world to set up base in India. Tesla has been seeking an initial tariff concession so that it can offset 70 per cent customs …

Elon Musk's Tesla to enter India soon? Centre's new policy may benefit EV maker
10 months ago

Elon Musk's Tesla to enter India soon? Centre's new policy may benefit EV maker

Hindustan Times  

Months after expressing interest in entering the Indian market, billionaire Elon Musk-led Tesla may be making its way to the country as the central government is in the process to finalise its policy to extend concessional import duty, reported The Economic Times. Tesla founder Elon Musk with Prime Minister Narendra Modi Tesla is now on the verge of entering the …

India's 'Suzuki moment' with Tesla? ‘Musk really admires what Modi has done’
11 months, 1 week ago

India's 'Suzuki moment' with Tesla? ‘Musk really admires what Modi has done’

Hindustan Times  

Global electric vehicle giant Telsa is currently in advanced talks to make a significant foray into India. The company is contemplating a staggering investment of nearly $30 billion over the next five years, according to people closely involved with the company’s official business plans, signalling a potential game-changer for the country's burgeoning EV landscape. India's Prime Minister Narendra Modi shakes …

Tesla makes big plans for India: May set up factory, make new car for developing nations
11 months, 1 week ago

Tesla makes big plans for India: May set up factory, make new car for developing nations

Hindustan Times  

As India moves closer to drafting a new electric vehicles policy, Tesla is in advanced talks to make an entry into the country and may be open to committing nearly $30 billion in investments, directly and indirectly, over the next five years in a manufacturing plant, and battery ecosystem and ancillary industries, people closely involved with the company’s official business …

As Elon Musk skips out on Vibrant Gujarat Summit, what next for Tesla's future in India?
11 months, 1 week ago

As Elon Musk skips out on Vibrant Gujarat Summit, what next for Tesla's future in India?

Hindustan Times  

Amid major speculations surrounding the announcement of a new Tesla plant in Gujarat during the ongoing Vibrant Gujarat Global Summit 2024, government officials confirmed that Elon Musk will not be in attendance of the event. Tesla CEO Elon Musk did not attend the Vibrant Gujarat Summit Managing Director of Gujarat Industrial Development Corporation Rahul Gupta confirmed on Wednesday that Tesla …

Elon Musk's Tesla to set up its first India factory in Gujarat, announcement likely during Vibrant Gujarat event
11 months, 3 weeks ago

Elon Musk's Tesla to set up its first India factory in Gujarat, announcement likely during Vibrant Gujarat event

Live Mint  

Tesla is finalizing negotiations for its first manufacturing plant in Gujarat, India, with the announcement expected at the Vibrant Gujarat Summit in January 2024. The announcement related to the Tesla manufacturing unit in the state is likely to take place in the upcoming Vibrant Gujarat Summit, going to be held in January 2024, reported Ahmedabad Mirror. Recently, Gujarat Health Minister …

Tesla's first India manufacturing plant likely to be set up in Gujarat: Report
11 months, 3 weeks ago

Tesla's first India manufacturing plant likely to be set up in Gujarat: Report

India Today  

Electric vehicle manufacturing giant Tesla is likely to establish its first local India manufacturing plant in Gujarat, reported Ahmedabad Mirror. As per the report, Gujarat's strategic advantages, including its favourable business environment and strategic location, have positioned it as the preferred destination for Tesla's manufacturing endeavours. While the government’s official stance is that no subsidy will be provided on imports …

Tesla ready to open factory in India, but has this condition
1 year ago

Tesla ready to open factory in India, but has this condition

Hindustan Times  

Tesla is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on its vehicles to 15% for the first two years of operations, the Economic Times reported on Friday. Prime Minister Narendra Modi met Tesla chief executive Elon Musk during a state visit to the US in June. The …

India to be first non-European market for Tesla's proposed ‘most affordable car’: Report
1 year ago

India to be first non-European market for Tesla's proposed ‘most affordable car’: Report

Hindustan Times  

According to a report, India will be the second market and first non-European destination for a proposed 2-door electric car from Elon Musk's Tesla, with the model also being the largest EV manufacturer's ‘most affordable’ vehicle. “While Tesla has earmarked its German facility for this most affordable car, it expects sizable volumes of this model from the Indian market. Meanwhile, …

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