#Tesla India

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Surely shareholders can sue right?

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Tesla Model 3 Dual Motor 2023- ₹40 lakh | Real-life review

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Tesla’s $3B Semiconductor Deal with Tata Electronics Signals India Entry in Style, Bolsters Workforce by 60!

Tesla's recent partnership with Tata Electronics marks a significant milestone in the global automotive industry, particularly in India's burgeoning market. This collaboration not only underscores Tesla's strategic expansion plans but also highlights the increasing importance of semiconductor supply chains in the automotive sector.

As Tesla gears up to enter India, one of the world's fastest-growing automotive markets, its partnership with Tata Electronics signals a broader commitment to establishing a strong presence in the region. With Prime Minister Narendra Modi on the agenda, Elon Musk's visit is expected to unveil ambitious plans for investments, including the potential establishment of electric vehicle (EV) manufacturing facilities.

The partnership with Tata Electronics is a strategic move for Tesla, allowing it to diversify its supply chain and tap into India's growing semiconductor industry. This aligns with Tesla's broader strategy of localizing its supply chains to enhance efficiency and reduce dependency on imports. Ashok Chandak, President of the India Electronics and Semiconductor Association, emphasizes the importance of strengthening local semiconductor sourcing ecosystems to meet the demands of industries like automotive, which require high-value additions in their supply chains.

Tesla's projected investment of $2-3 billion in India for EV manufacturing reflects the increasing interest in electric vehicles within the country's personal mobility sector. Recent policy revisions, such as reduced import duties for EVs priced above $35,000, further incentivize investments in local manufacturing facilities.

Tata Electronics, with its strategic expansion and expertise in semiconductor technology, is well-positioned to support Tesla's endeavors in India. By augmenting its workforce and expanding its facilities, Tata Electronics aims to solidify its integrated supply chain and contribute to the growth of the semiconductor industry in India.

With substantial investments in indigenous technology development and a team of experienced professionals, Tata Electronics is poised to play a pivotal role in driving innovation and excellence in the semiconductor arena. As Tesla and Tata Electronics join forces, their partnership is set to reshape the automotive landscape in India and pave the way for sustainable growth in the EV sector.

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Tesla’s Entry into India: Elon Musk, the CEO of Tesla, has made an important declaration by confirming that he will visit India later this month to meet with Prime Minister Narendra Modi. The possibility of Tesla entering the Indian market, which could drastically alter the country’s electric vehicle (EV) market, makes this visit extremely significant. Experts predict significant growth and investment opportunities, putting India on the verge of becoming a major player in the global electric vehicle market.

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Help Tesla's entry in India after reduce import tax on EVs

The Government of India has announced to reduce import tax on EVs. Those companies will invest 500 million dollars in India and set up  manufacturing facilities locally  within 3 years. After the plan, it could help the Tesla company to import car parts outside India.  The Transport Ministry of India strongly recommended that any companies should invest 500 million dollars in India and set up a…

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Tesla Poised to Make Strides in India with First Manufacturing Plant in Gujarat

In a significant development, Tesla is expected to make a groundbreaking announcement during the upcoming Vibrant Gujarat Summit in January 2024, declaring the establishment of its first manufacturing plant in India. The state of Gujarat has emerged as the preferred destination, thanks to its strategic advantages, favorable business environment, and central location. Gujarat’s proactive approach…

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Still remarkable achievement elon musk can’t do.

[wanderingandfound]

Thank you! For everyone else, here's the photo:

September 24, 2014, Abhishek N. Chinnappa/Reuters.

everyone celebrating india's mission to the moon's south pole i love you and im with you but this is NOT india's first accomplishment in space!! im seeing a lot of people saying that but its not true. some other things we've done:

confirm the presence of water and ice on the moon

was the first asian nation to reach mars orbit, and the first nation IN THE WORLD to reach it in it's maiden attempt

saved thousands of lives from cyclone phailin in 2013 over the four days, resulting in 45 deaths when without them, would have been in the thousands at minimum

launched the first successful flight using the indigenous cryogenic engine

successfully neutralized a satellite in space with an anti-satellite (mission shakti, anyone?)

launched 104 satellites with one (1) rocket

THE VIKAS ENGINE??? HELLO?? NAMBI NARAYANAN??? even if you didnt know him before, surely youve seen the movie rocketry?

not to mention everything we've done in coordination with other nations, and achievements from Indian scientists and astronauts that were then taken by other nations, usually during war. plus, we've always been much more cost efficient than our space-faring peer nations

all to say!! we've always been there, and we've always been strong. our mission now only proves that, and we should scream it loud and proud for any westerner who ignores us again

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How Mexico is winning the trade war between the U.S. and China

A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on December 9, 2021 in Sunland Park, New Mexico. Patrick T. Fallon | AFP | Getty Images New data shows a surge in trade between China and Mexico at a time of tough tariff talk during the presidential campaign. Customs data shows a significant increase in raw…

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Tesla’s Meeting with Modi Sparks Buzz Amid EV Market Surge!

Billionaire entrepreneur Elon Musk has confirmed his upcoming visit to India, where he is scheduled to meet with Prime Minister Narendra Modi. This announcement comes amid growing speculation that Tesla, the electric vehicle (EV) manufacturer led by Musk, is actively exploring options to establish a manufacturing facility within the country.

Elon Musk conveyed his anticipation for the meeting with Prime Minister Modi via the X platform. Reuters reports that the meeting is set to take place during the week of April 22, with the venue in New Delhi. This meeting follows their last encounter in New York in June. Throughout this period, Tesla has been engaged in discussions with Indian authorities to advocate for reduced import taxes on electric vehicles, while also evaluating the feasibility of local production.

Tesla has been seeking a local partner to facilitate its entry into the Indian market. Discussions have allegedly taken place with Mukesh Ambani’s Reliance Industries (RIL) regarding a potential joint venture to establish an EV manufacturing unit. Additionally, Financial Times disclosed that Musk dispatched a team to India in April to scout for suitable locations for a proposed electric car plant valued between $2 billion to $3 billion.

While Tesla prepares to enter the Indian market, it faces intensified competition globally, leading to a notable decline in sales during the first quarter of 2024. This downturn in sales coincides with the rise of Chinese EV manufacturers like BYD, which surpassed Tesla as the world’s top-selling electric carmaker. In India, the EV market remains nascent, with domestic players like Tata Motors currently dominating. However, the government aims to boost EV adoption significantly by 2030, with state subsidies and infrastructure improvements expected to drive a 66% increase in EV sales this year, according to Counterpoint research.

Elon Musk’s visit to India and the anticipated meeting with Prime Minister Modi underscore Tesla’s strategic interest in establishing a presence in one of the world’s largest automotive markets while navigating the complexities of global competition and local regulatory dynamics.

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[global-newz]

Tesla vs. Tesla Power: The Trademark Battle Unfolds

Elon Musk's Tesla Inc. has taken legal action against Gurugram-based Tesla Power India Ltd for trademark infringement, as revealed by a Delhi High Court record. The electric vehicle (EV) giant, headquartered in Delaware, United States, alleges that the Indian company is unlawfully using the trade names "Tesla Power" and "Tesla Power USA."

In response, Tesla Power has asserted that it has no plans to manufacture EVs and will not market any other entities' EVs under the disputed trademark. Despite this, Tesla Inc. contends that the Indian company continued to use its brand name even after receiving a cease-and-desist notice in April 2022, prompting the lawsuit.

The Delhi High Court has granted Tesla Power three weeks to submit written responses following the presentation of supporting documents. The next hearing is scheduled for May 22.

This legal dispute emerges amidst discussions of Tesla's potential entry into the Indian market. Elon Musk's anticipated visit to India was canceled in April, followed by a surprise trip to China. Meanwhile, Tesla Power, reportedly present in India prior to Musk's Tesla, asserts having obtained all necessary government approvals.

India's recent reduction of import duties on electric cars aims to attract investments in the EV sector, a move seen as facilitating Tesla's potential entry into the Indian market.

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Tesla's Bold Investment in India's Electric Vehicle Market: A Game-Changer for the Indo-Pacific Region

In a remarkable turn of events, Tesla, the pioneering electric vehicle manufacturer led by visionary entrepreneur Elon Musk, is engaging in discussions with the Indian government regarding an ambitious investment proposal. The proposal centres around setting up a state-of-the-art factory with an annual capacity to produce approximately half a million electric vehicles. This development could potentially revolutionise India's electric vehicle landscape and significantly impact the broader Indo-Pacific region. With the Indian government keen on attracting more investments in the electric vehicle sector and Tesla eyeing India as an export base, this collaboration presents an exciting opportunity for sustainable mobility.

The journey towards Tesla's investment in India has not been without its challenges. Last year, Tesla's entry into the Indian market faced hurdles as the government refused to lower import taxes on the company's electric vehicles. India's import taxes on electric vehicles can reach as high as 100%, presenting a substantial barrier for foreign manufacturers like Tesla. At that time, the Indian government was eager for Tesla to manufacture vehicles locally. Still, the company expressed a desire to export its cars to the country first to assess demand strength.

The tables have recently turned, and the Indian government is taking a more proactive approach to attract investments in the electric vehicle sector. The country's commerce and industry ministry is now leading the talks with Tesla, aiming to negotiate a "good deal" that fosters both local manufacturing and exports. This shift in strategy aligns with India's vision to become a global hub for electric vehicle production and exportation. During a recent meeting, Prime Minister Narendra Modi has urged Tesla's CEO, Elon Musk, to make a "significant investment" in India.

If the investment proposal comes to fruition, Tesla's entry into the Indian market could mark a turning point for the country's electric vehicle adoption. Tesla's reputation as an industry leader in electric mobility and cutting-edge technology could stimulate the demand for electric vehicles in India, thereby accelerating the nation's transition to a more sustainable transportation system. While the starting price of Tesla's vehicles, set at 2 million rupees ($24,400.66), may be higher than some existing electric car models in India, it also promises state-of-the-art features and performance, attracting a niche segment of environmentally conscious consumers.

Tesla's decision to establish a factory in India holds immense significance for the country's manufacturing sector. The manufacturing facility will not only create employment opportunities for the local workforce but also attract investments in the electric vehicle supply chain, including batteries and charging infrastructure. Moreover, the transfer of advanced manufacturing technology from Tesla to India could further bolster the country's expertise in the automotive domain and pave the way for future innovations in the electric vehicle space.

Apart from catering to the domestic market, Tesla's proposed export base in India opens up new avenues for the country to establish itself as a major player in the global electric vehicle market. India's strategic location in the Indo-Pacific region makes it an ideal hub for exporting Tesla's vehicles to neighbouring countries. By leveraging India's export capabilities, Tesla can extend its market reach, catering to the growing demand for electric vehicles in the region. This would not only benefit Tesla but also reinforce India's position as a key player in the sustainable mobility revolution.

While the investment proposal presents exciting prospects, several challenges lie ahead for Tesla and the Indian government. Addressing concerns over import taxes and ensuring a level-playing field for both domestic and foreign manufacturers will be critical in negotiating a favorable deal. Additionally, Tesla will need to adapt its pricing strategy to suit the Indian market's diverse consumer base, which has traditionally favoured affordability.

Tesla's investment in India marks a remarkable chapter in the country's journey towards sustainable mobility and green technology. With the Indian government striving to attract more investments in the electric vehicle sector and Tesla eyeing India as a pivotal export base, the potential benefits are far-reaching. The collaboration could revolutionise India's electric vehicle market, create job opportunities, bolster the manufacturing sector, and establish India as a significant player in the global electric vehicle supply chain. As the talks between Tesla and the Indian government progress, the world watches with anticipation to witness the emergence of a new era in India's automotive landscape and the broader Indo-Pacific region.

This post was originally published on: Foxnangel