EV industry experts says Tesla's presence in the country in inevitable as business slows down elsewhere
Tesla said the change would allow the company to launch low-cost vehicles swiftly but would result in smaller cost reduction than had been expected and modest volume growth
Elon Musk's trip to India has been postponed over reports claiming that he has a scheduled call with investors and analysts regarding Tesla's earnings on April 23
Currently, Tesla's Model 3 and Model Y, with starting prices of around $40,000, are its only volume sellers
Musk told investors on a conference call that he guessed the Tesla robot, called Optimus, would be able to perform tasks in the factory by the end of this year
Elon Musk is expected to meet PM Narendra Modi and announce that Tesla will set up a car and battery plant in India. He may push plans to launch Starlink's broadband services
Reports suggest that Elon Musk is set to announce an investment in India of $2-$3 billion along with Tesla Inc's long-awaited entry into India
Elon Musk is set to visit India and meet PM Modi. With the likelihood of a Tesla plant coming up in India, which are the EV makers they will compete with? Here is a list
Tesla has six Gigafactories in Fremont, California; Sparks, Nevada; Berlin, Germany; Shanghai, China; Austin, Texas; and Buffalo, New York
Elon Musk is expected to announce a Tesla EV manufacturing factory in India during his visit next week
Tesla's 2024 proxy statement, filed Wednesday, asks shareholders to approve the same 2018 compensation package for its chief executive officer that was rejected by Delaware court
Musk's visit comes as Tesla battles slowing sales in the major markets of the United States and China, and has this week announced layoffs affecting 10% of its workforce
Like several other big companies, Tesla too started to de-risk its supply chain after the pandemic shock and looked towards Indian component makers
This agreement comes amid Elon Musk-led Tesla's eagerness to penetrate Indian market, and his scheduled visit to the country this month
Initially, Elon Musk's Tesla will address only 5-6% of India's light vehicles market. What kind of ride is it likely to have?
Tesla's Chief Executive Officer is set to visit India and meet with PM Modi, who's seeking a third term in office in federal elections starting later this month
Tesla has earmarked $2 billion for its forthcoming endeavours in India and has been scouting various locations, including Gujarat and Maharashtra, as potential sites for the plant
Musk's wealth has shrunk by $48.4 billion this year, while Zuckerberg has added $58.9 billion to his fortune as Meta Platforms Inc. climbs to fresh highs, including a new record on Friday
Musk pledged last week to start handing out the free features to people who had more than 2,500 verified followers
Musk was responding to an Information report about Tesla AI scientist Ethan Knight leaving the car company to join Musk's xAI startup