[Intellectual Car News] It is reported that Tesla will invest in India for an investment of US $ 3 billion in a planned visit to India next week in a planned visit to Indian Prime Minister Narendra Modi.
For several years, Tesla has been committed to establishing professional relations with India, hoping to transport its vehicles to India a larger scale.However, Tesla and India both made the request that the other party could not agree at all: Tesla asked to reduce import tariffs in order to test the demand, while India was willing to do so if Tesla promised to build a factory.
In the past few years, the cooperation plans of both sides have stagnated, but various rumors are endless.Last year, CEO Elon Musk met in New York to discuss cooperation. Musk seemed to be more enthusiastic than ever.Musk said in an interview after the meeting: "I believe Tesla will enter the Indian market and achieve this goal as soon as possible."Udabur Stock
Earlier this month, there were reports that Musk and Modi would eventually meet in India to finalize an agreement.It seems that this is exactly what is going to happen.Mumbai Wealth Management
People familiar with the matter told Reuters that Musk and Tesla will announce investment of 2 billion to $ 3 billion.It is reported that most investment will be used to build new factories.Jaipur Wealth Management
Electric vehicles are in short supply in India, but the demand is not high.Last year, the sales of electric vehicles accounted for only 2%of the total car sales, but Tesla's arrival may become the answer to more widely used electric vehicles in India.
However, Tesla's short -term market plan is not yet clear.The company is still working hard to start more coordinated construction in factories planned in Mexico.In addition, Tesla has fired more than 14,000 employees this week.In a document submitted to the US Securities and Exchange Commission, Tesla said the company will lay off more than 10%.Guoabong Investment
Tesla used some measures to promote its development in India.Tesla has established a executive team to deal with the entry into the Indian market, and has plans to transport cars from India from the super factory of Berlin to test the needs.
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