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.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Building on long-standing ties & Islamic solidarity, Strategic Mutual Defence Agreement comes at a time of heightened regional tensions especially after Israeli attack on Doha.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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