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Despite Tesla’s tremendous brand image and Musk being one of the most influential figures on the planet, he may struggle to compete in India’s EV market.
With an annual capacity to produce as many as 500,000 electric vehicles, the prices for the EVs would start from 2 million rupees ($24,400.66), according to a TOI report.
In May, Musk said that Tesla would probably pick a location for a new factory by the end of this year, adding India was an interesting place for a new plant.
DMK govt accuses Centre of withholding funds, tightening borrowing, unilateral deductions from state accounts. Says Centre's accounting & funding decisions have 'artificially inflated' debt burden.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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