It’s possible that Tesla is looking for a local partner to launch its business in India. According to a report by The Hindu Businessline on April 9, the US electric car company is exploring the possibility of forming a joint venture with Reliance to build a manufacturing plant in the nation.
According to reports, Tesla has set aside $2 billion for its upcoming projects in India and has been looking at a number of places, including Maharashtra and Gujarat, for possible plant locations. The report supposedly stated that Maharashtra is becoming the preferred option.
During an X (formerly Twitter) Spaces session alongside Nicolai Tangen, CEO of Norges Bank Investment Management, Elon Musk, CEO of Tesla, confirmed Tesla’s entry into India. The world’s most populous nation today is India. India should have electric cars just like
Reliance and Tesla might collaborate on an EV manufacturing facility in India: Report
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