Tesla Inc has obtained permission to start selling its Shanghai-made Model Y sports utility vehicle in China
Owning and driving a Tesla car will have to wait till the government reduces taxes on imports.
Musk announced on Twitter on Tuesday that he was considering taking Tesla private for $420 per share, in what would be the biggest deal of this kind
He says that while 30% of parts must be locally sourced, the supply doesn't yet exist in India to support that
Musk said Tesla would not be compliant with the country's 30% local sourcing of components