Tesla in Talks With India to Set up Factory With up to 500000 Annual Capacity

11
Comment
Favorite

Tesla in Talks With India to Set up Factory With up to 500000 Annual Capacity

Reuters2023-07-13

(Reuters) - Tesla has started discussions with the Indian government for an investment proposal to set up a car factory in the country, with an annual capacity of as many as 500,000 electric vehicles, the Times of India reported on Thursday.

The prices for the electric vehicles would start from 2 million rupees ($24,400.66), the report added.

Tesla did not immediately respond to Reuters' request for comment.

The billionaire Elon Musk-led company is also looking at using India as an export base as it plans to ship cars to countries in the Indo-Pacific region, the report said, citing government sources.

In a meeting with Musk last month, Indian Prime Minister Narendra Modi pushed the car maker to make a "significant investment" in the country.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

Zephyruss
·2023-07-13
Musk will regret if they set up factory in India... So many companies set up there in the end withdrawal from India..
Reply
5
Report
shams_Trader
·2023-07-13
This will multifold the tesla market. India is a huge market. Specially for cars. Elon musk Understands this very well. He is not just a investor but a wise businessman. a big positive for company and shareholders.
Reply
2
Report
Rookie22
·2023-07-13
Bad idea actually . Hard to do business in India .
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2351416457?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-07-13 14:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2351416457","market":"us","top_or_hot":-1,"title":"Tesla in Talks With India to Set up Factory With up to 500000 Annual Capacity","media":"Reuters","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/TSLA\">Tesla </a> has started discussions with the Indian government for an investment proposal to set up a car factory in the country, with an annual capacity of as many as 500,000 electric vehicles, the Times of India reported on Thursday.</p><p>The prices for the electric vehicles would start from 2 million rupees ($24,400.66), the report added.</p><p>Tesla did not immediately respond to Reuters&#39; request for comment.</p><p>The billionaire Elon Musk-led company is also looking at using India as an export base as it plans to ship cars to countries in the Indo-Pacific region, the report said, citing government sources.</p><p>In a meeting with Musk last month, Indian Prime Minister Narendra Modi pushed the car maker to make a &#34;significant investment&#34; in the country.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla in Talks With India to Set up Factory With up to 500000 Annual Capacity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla in Talks With India to Set up Factory With up to 500000 Annual Capacity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-13 14:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://news.google.com/rss/articles/CBMijQFodHRwczovL3d3dy5yZXV0ZXJzLmNvbS9idXNpbmVzcy9hdXRvcy10cmFuc3BvcnRhdGlvbi90ZXNsYS10YWxrcy13aXRoLWluZGlhLXNldC11cC1mYWN0b3J5LXdpdGgtdXAtNTAwMDAwLWFubnVhbC1jYXBhY2l0eS1yZXBvcnQtMjAyMy0wNy0xMy_SAQA?oc=5><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Tesla  has started discussions with the Indian government for an investment proposal to set up a car factory in the country, with an annual capacity of as many as 500,000 electric vehicles...</p>\n\n<a href=\"https://news.google.com/rss/articles/CBMijQFodHRwczovL3d3dy5yZXV0ZXJzLmNvbS9idXNpbmVzcy9hdXRvcy10cmFuc3BvcnRhdGlvbi90ZXNsYS10YWxrcy13aXRoLWluZGlhLXNldC11cC1mYWN0b3J5LXdpdGgtdXAtNTAwMDAwLWFubnVhbC1jYXBhY2l0eS1yZXBvcnQtMjAyMy0wNy0xMy_SAQA?oc=5\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://news.google.com/rss/articles/CBMijQFodHRwczovL3d3dy5yZXV0ZXJzLmNvbS9idXNpbmVzcy9hdXRvcy10cmFuc3BvcnRhdGlvbi90ZXNsYS10YWxrcy13aXRoLWluZGlhLXNldC11cC1mYWN0b3J5LXdpdGgtdXAtNTAwMDAwLWFubnVhbC1jYXBhY2l0eS1yZXBvcnQtMjAyMy0wNy0xMy_SAQA?oc=5","article_id":"2351416457","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2351416457","pubTimestamp":1689229149,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":" - $Tesla $ has started discussions with the Indian government for an investment proposal to set up a car factory in the country, with an annual capacity of as many as 500,000 electric vehicles, the Times of India reported on Thursday.The prices for the electric vehicles would start from 2 million rupees , the report added.Tesla did not immediately respond to Reuters' request for comment.The billionaire Elon Musk-led company is also looking at using India as an export base as it plans to ship ca","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"特斯拉与印度商谈建立年产50万台的工厂","themeId":"3f0205d455d44b1daf1b878ad762039f","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":1},"content_text":"(Reuters) - Tesla  has started discussions with the Indian government for an investment proposal to set up a car factory in the country, with an annual capacity of as many as 500,000 electric vehicles, the Times of India reported on Thursday.The prices for the electric vehicles would start from 2 million rupees ($24,400.66), the report added.Tesla did not immediately respond to Reuters' request for comment.The billionaire Elon Musk-led company is also looking at using India as an export base as it plans to ship cars to countries in the Indo-Pacific region, the report said, citing government sources.In a meeting with Musk last month, Indian Prime Minister Narendra Modi pushed the car maker to make a \"significant investment\" in the country.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":197412663697640,"gmtCreate":1689236616055,"gmtModify":1689237026666,"author":{"id":"4117677935519712","authorId":"4117677935519712","name":"Zephyruss","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":0},"htmlText":"Musk will regret if they set up factory in India... So many companies set up there&nbsp;in the end&nbsp;withdrawal from India..&nbsp;","listText":"Musk will regret if they set up factory in India... So many companies set up there&nbsp;in the end&nbsp;withdrawal from India..&nbsp;","text":"Musk will regret if they set up factory in India... So many companies set up there in the end withdrawal from India..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197412663697640","repostId":2351416457,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":197394333237272,"gmtCreate":1689232288023,"gmtModify":1689233026622,"author":{"id":"3580257082212440","authorId":"3580257082212440","name":"shams_Trader","avatar":"https://community-static.tradeup.com/news/360465fe8cac8dd587177ad9080b3356","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"This will multifold the tesla market. India is a huge market. Specially for cars. Elon musk Understands&nbsp;&nbsp;this very well. He is not just a investor but a wise businessman. a big&nbsp;positive for company and shareholders.","listText":"This will multifold the tesla market. India is a huge market. Specially for cars. Elon musk Understands&nbsp;&nbsp;this very well. He is not just a investor but a wise businessman. a big&nbsp;positive for company and shareholders.","text":"This will multifold the tesla market. India is a huge market. Specially for cars. Elon musk Understands this very well. He is not just a investor but a wise businessman. a big positive for company and shareholders.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197394333237272","repostId":2351416457,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":197391719690280,"gmtCreate":1689231492637,"gmtModify":1689231495956,"author":{"id":"3575290973507485","authorId":"3575290973507485","name":"Rookie22","avatar":"https://static.tigerbbs.com/c6852efd5f87d9ecf7965e213c38ac97","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1},"htmlText":"Bad idea actually . Hard to do business in India .","listText":"Bad idea actually . Hard to do business in India .","text":"Bad idea actually . Hard to do business in India .","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197391719690280","repostId":2351416457,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":11,"commentSize":0,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}