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Tesla's Elon Musk likely to unveil $2-$3 billion India investment during visit

Tesla CEO Elon Musk is planning to invest $2-$3 billion in India, primarily to build a new factory, during his visit to meet with Prime Minister Narendra Modi. Musk's visit comes as Tesla faces slowdown in sales in the US and China. India's electric vehicle market is small but growing, with the government targeting 30% of new cars to be electric by 2030. Musk has been critical of India's high import taxes for EVs, but the government recently announced a policy to lower these taxes if carmakers invest at least $500 million and establish a factory.

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Comments

Manish
ManishManish....

Elon musk : system paad denge

1 Reply
2
1 month ago

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