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It seems that billionaire Elon Musk is hesitant about Tesla entering the Indian market. Media reports indicate that the electric carmaker's executives have ceased communications with the Indian government. According to Bloomberg, Musk's team has not followed up with New Delhi officials after the billionaire postponed a visit to India in late April. The report said that Tesla is facing capital issues and does not plan to invest in India in the near future. This waning interest in the Indian market coincides with Tesla's recent challenges, including a second consecutive drop in quarterly deliveries globally and increased competition in China. Additionally, Musk announced significant staff reductions in April. Tesla's first new model in years, the Cybertruck, has been slow to ramp up, and the construction of a new plant in Mexico has been delayed. The Indian government now has high hopes for domestic automakers like Tata Motors and Mahindra & Mahindra to drive the country's EV
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Tesla, Inc. was founded by Martin Eberhard and Marc Tarpenning in 2003. Although Elon Musk is often closely associated with Tesla, he joined the company later in 2004 as an investor and chairman of the board. Musk played a significant role in shaping
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Elon Musk wins Tesla shareholder approval for $56 billion pay package. The approval underscores the support that Musk enjoys from Tesla's retail investor base. The proposal passed despite opposition from some large institutional investors and proxy
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Elon Musk Says He Is Working On Tesla's Fourth Master Plan: ''It Will Be Epic'' Elon Musk, the CEO of Tesla, has confirmed that he is currently working on the EV company's fourth master plan. On Monday, the billionaire wrote on X that he is activel
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"ELON MUSK is not The FOUNDER Of Tesla" Bankruptcy to Billions #2 Tesla's Turnaround Story Tesla was founded by Martin Eberhard and Marc Tarpenning in 2003.Elon Musk joined Tesla in 2004 as chairman by investing $6.5 million of his own money, whic
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