Elon Musk will meet PM Modi in Delhi next week after govt last month introduced scheme reducing import duty on EVs. Andhra Pradesh goes to Lok Sabha & assembly elections 13 May.
While Indian carmakers are hedging their bets a bit, including on Hybrids as Maruti itself disclosed, this news of Tesla coming to India should worry them.
The company predicts that the autonomous car would last 11 years & drive 1 million miles, which would make the company and the car operators earn a profit of USD 30,000 each year.
Musk filed a lawsuit against the startup he co-founded last week, alleging breach of contract, saying the Microsoft-backed firm is now focused on making money.
Musk believes self-driving could one day account for majority of Tesla's value and give it a cushion other automakers lack as they focus on turning their EV operations profitable.
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.
Many offices in Telangana have asked their employees to work from home because of heavy rainfall, but it has become impossible due to the internet outages.
The Navy has always been on board with the theaterisation plan, but the Air Force feels splitting up air assets into several theatre commands is futile & will tie up critical systems.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
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