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India’s hopes for Tesla investment cool as Musk ceases contact

IndiaTimes Thursday, 4 July 2024
Tesla paused India talks after Elon Musk canceled an April visit. With capital constraints, declining deliveries, and Cybertruck, Mexico plant delays, focus shifts to Tata Motors, Mahindra. Musk's import tax cuts favored $497M+ foreign EV investment. No comments from Heavy Industries Ministry, Modi. Tesla’s staff cuts, few charging stations limit progress, EVs just 1.3% market per BloombergNEF.
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Tesla, Inc. Tesla, Inc. American electric vehicle and clean energy company

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Credit: Oneindia    Duration: 03:39Published
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Credit: Oneindia    Duration: 03:54Published
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Credit: Oneindia    Duration: 03:08Published
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Credit: Oneindia    Duration: 03:31Published

Elon Musk Elon Musk Businessman and US political figure (born 1971)

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Tata Motors Tata Motors Indian multinational automobile manufacturing company

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Credit: Oneindia    Duration: 03:04Published

Mahindra & Mahindra Mahindra & Mahindra Indian automobile manufacturer

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Narendra Modi Narendra Modi Prime Minister of India since 2014

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