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Elon Musk, PM Narendra Modi, Tesla In India: Explained: What Held Up Tesla's India Launch, And Are Things Moving Now?

Elon Musk's meeting with Prime Minister Narendra Modi in the US today and his assurance that Tesla Motors will set up shop in India "as soon as humanly possible" has revived the big question: when will that happen?

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Won't Make Vehicles In India Until Allowed To Sell Locally: Elon Musk

Tesla & Elon Musk: Tesla will not manufacture its products locally unless it is allowed to sell and service its cars in India

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Tesla Ices India Plans, Gives Up Search For Showrooms: Report

Tesla Inc has put on hold plans to sell electric cars in India, abandoned a search for showroom space and reassigned some of its domestic team after failing to secure lower import taxes, three people familiar with the matter told Reuters.

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Tesla Stock: Long & Short of Markets: Why is Jim Rogers saying Namaste, India? How to find a desi Tesla

Synopsis
Jim Rogers says he’d like to choose an Indian stock over Tesla or Alibaba at this point.
Agencies
With Tesla about to enter the Indian market, our own desi Teslas are gearing up to take on Elon Musk.
If liquidity was the oxygen on which equity markets built the mega rally after lockdown, then corporate earnings upgrades globally came in as the next big driver. Read about the Indian winners of the margin expansion story, why Warren Buffett dumped his gold stocks, India’s walk towards EVs and more in this edition of ‘Long & Short of Markets’.
Stars of the margin expansion story!

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Elon Musk confirms Tesla's India plans in two-word tweet

Elon Musk confirms Tesla's India plans in two-word tweet
This is the first statement about Tesla's plans for India that Musk has made since the company registered its office in Bengaluru. On January 8, Tesla registered itself as a company named Tesla India Motors and Energy in Bengaluru
BusinessToday.In | January 14, 2021 | Updated 16:14 IST
Tesla CEO Elon Musk
Tesla CEO Elon Musk confirmed his plans for establishing Tesla centres in five states across the country. He did so in a two-word tweet put out by him on Wednesday. "As promised," Musk wrote on Twitter. The world's richest man was replying to a tweet linking to a blog post on the Tesla fan site Tesmanian which noted that Tesla cars will be expensive for Indians but the cars will become more affordable for the country's middle class when the company starts production within the country.

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Tesla India subsidiary set up in Bangalore

Tesla India subsidiary set up in Bangalore
Tuhin Guha
Published: January 13, 2021, 07:26 AM IST
Tesla, EV maker and the world's most valuable car company, has officially started its operations in India. The firm is based out of Bengaluru, and high ranking officials have said that the firm is also looking at setting up an R and D facility and eventually an assembly plant. Reports suggest that the Tesla's indian arm goes by the name of Tesla India Motors and Energy Pvt Ltd. The firm has three directors, Vaibhav Taneja as chief accounting officer, entrepreneur Venkatrangam Sreeram and David Jon Feinstein, a technical recruiter from the US. The company was registered on January 8, 2021. This development comes after Nitin Gadkari, Minister of State for Road Transport and Highway and Micro, Small and Medium Enterprises also confirmed that the firm was looking to make an India debut.

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Tesla's India Debut Kicks Off, Registers New Company In Bengaluru

Tesla's India Debut Kicks Off, Registers New Company In Bengaluru
Vaibhav Taneja, Venkatrangam Sreeram and David Jon Feinstein have been appointed as directors of Tesla India
Unsplash
Outlook Web Bureau
2021-01-13T11:00:21+05:30
Tesla's India Debut Kicks Off, Registers New Company In Bengaluru
outlookindia.com
2021-01-13T12:00:31+05:30
Also read
India's automobile market might see a new player soon. American electric car maker Tesla has registered its Indian outfit in Bengaluru amid plans to debut in the country.
The firm has registered Tesla India Motors and Energy Pvt Ltd with the Registrar of Companies (RoC) in Bengaluru, as the per the regulatory filing details.

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