Elon Musk-led Tesla not coming to India anytime soon? Shift to low-cost cars puts India plant plans into limbo: Report
Wednesday, 24 April 2024 () Tesla announced plans to increase production by 50% from 2023 before investing in new manufacturing lines, focusing on building more affordable vehicles using existing factories. The decision is well received by investors despite missing financial targets.
Elon Musk, CEO of Tesla, has deferred his visit to India to meet with Prime Minister Narendra Modi, attributing the delay to pressing commitments at Tesla. Musk expressed his intention to reschedule..
Elon Musk discusses Tesla's plans to launch a manufacturing plant in India, highlighting the country's need for electric vehicles. The move aligns with India's... IndiaTimes