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.
Quarterly deliveries are one of the most closely watched indicators for Tesla. They are widely seen as a barometer of consumer demand for EVs as a whole.
Tesla’s fall started when Musk asked his Twitter followers whether he should sell 10% of his stake in the company, followed by news that his brother sold shares just before the poll.
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 new law, which the government has framed as a moral duty, forced major platforms like Dream11 & Zupee to shut operations, wiping out hundreds of crores in market capitalisation.
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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