By Maria Merano Posted on July 5, 2024 Tesla’s expected investment in India is in limbo. People familiar with the matter told Bloomberg that Tesla has not contacted officials in India about an investment for some time. The information from Bloomberg’s sources should be taken with a grain of salt. Last month, Musk continued to …
Tag archives: Tesla India
Tesla to announce investment of up to $3bn in India next week
By Joey Klender Posted on April 17, 2024 Tesla is going to announce an investment of up to $3 billion next week in India during his planned visit with Prime Minister Narendra Modi, reports indicate. Tesla has been working to establish a professional relationship with India for several years, hoping to bring its vehicles to …
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India’s automakers are worried about Tesla, so they don’t want officials to reduce import duties
By Joey Klender Posted on January 19, 2024 India’s domestic car companies are worried about Tesla entering the market, so they are trying to convince officials not to reduce import duties for the company so it can test demand and potentially enter the market. Tesla and India have worked for years to come to terms …