#billionaire

#Billionaire

#Elon

Musk's

#Tesla

is

reportedly

planning

to

send

a

team

from

the

United

States

to

India

this

month

to

explore

locations

for

an

#electric

#vehicle

plant

worth

up

to

$3

billion.

The

move

comes

after

India

lowered

import

#taxes

on

certain

EVs

for

#automakers

committing

#investments.

According

to

reports,

Tesla

will

focus

on

states

with

existing

automotive

hubs

like

#Maharashtra,

#Gujarat,

&

#TamilNadu,

prioritising

those

with

port

access

to

facilitate

exports.

This

#Indian

push

comes

amid

slowing

#EV

demand

and

intensifying

competition

in

Tesla's

core

US

and

#Chinese

markets.

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we

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#viralonhipi