Elevated government support, high presence of other auto players, and subsidies and incentives are prime factors driving Tesla to Karnataka.India's auto market is quite different from traditional markets, since it's dominated by two-wheelers, accounting for ~81% of total auto sales.Two-wheelers, limited infrastructure and income inequality could make the Karnataka plant less suitable for an immediate domestic market approach.A major benefit could be exporting ability and cost reductions in/to Ch
The S&P 500 and the tech-heavy Nasdaq slipped during the week of February 15, after they closed at new records last week. Despite the drop in some of the big tech names such as AppleAAPL, FacebookFB, MicrosoftMSFT, Zoom VideoZM, and countless others this week, the market fundamentals remain relatively strong.Ebbs and flows, as well as pullbacks and corrections are healthy aspects of the market. And they need not be viewed as anything but normal occurrences, especially as strong earnings results