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Tesla's India Entry Doesn't Scare Luxury Market Leader Mercedes-Benz: 'Our EV Charging Bays Will Be Open'

This story was first published on the Benzinga India portal. The probable entry of Tesla Inc. (NASDAQ: TSLA) into the Indian market is seen as a positive development by the country's leading luxury car seller, Mercedes-Benz. The company is of the viewpoint that Tesla's arrival will boost the overall growth of the electric vehicle (EV) market. Santosh Iyer, MD & CEO of Mercedes in India, during a recent interview with the country's Times of India newspaper, stated, “Our EV charging bays will be o

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