Elon Musk-led Tesla not coming to India anytime soon? Shift to low-cost cars puts India plant plans into limbo: Report

Tesla announced plans to increase production by 50% from 2023 before investing in new manufacturing lines, focusing on building more affordable vehicles using existing factories. The decision is well received by investors despite missing financial targets.

Apr 24, 2024 - 04:00
Elon Musk-led Tesla not coming to India anytime soon? Shift to low-cost cars puts India plant plans into limbo: Report
Tesla announced plans to increase production by 50% from 2023 before investing in new manufacturing lines, focusing on building more affordable vehicles using existing factories. The decision is well received by investors despite missing financial targets.