Tesla’s Retreat from India: Insights Reveal No Immediate Investment Plans Amid Financial Struggles

Indians have been eagerly awaiting Elon Musk’s electric car company Tesla’s entry into the country for quite some time, but there are no signs of the cars hitting the roads. According to sources familiar with the matter, Tesla’s officials are no longer in contact with Indian authorities, leading to diminished hopes of Tesla advancing its presence in India. After Elon Musk postponed his planned visit to India at the end of April, his team has not initiated any further discussions with Indian officials. It has been conveyed to the government that Tesla is facing capital issues and does not have … Continue reading Tesla’s Retreat from India: Insights Reveal No Immediate Investment Plans Amid Financial Struggles