As Wall Street analysts & Tesla investors had suspected, Musk offloaded 4.4 million shares on 26 April & 27 April to cover the $21 billion equity portion that he’s personally guaranteed.
Musk’s greater involvement in Twitter is worrisome due to his track record as a self-proclaimed 'free-speech absolutist' who hasn’t always acted as a free speech advocate.
The govt has said it is keen for Tesla to make cars in the country, but appears to be using their interest to try and gain benefits for the nascent local electric car industry.
Telangana, Maharashtra, Bengal ministers & Punjab Congress chief Navjot Sidhu responded to Musk's tweet, which said Tesla 'still working through a lot of challenges with govt'.
Tesla CEO and Modi’s administration have been in talks for years, but disagreements over a local factory and the country’s import duties of as much as 100% have led to an impasse.
The world’s two biggest automakers — each sold roughly 10 or 11 cars for every one Tesla did last year — realize the age of EV is here and are gaming out how to stay on top.
Hu Xijin, former editor-in-chief of the ‘Global Times’, described Takaichi’s behaviour as political sleepwalking and said that Japanese leaders must become more self-aware.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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