Advertisement

For Tesla, India Represents Big Promise—and Some Peril

For Tesla, India Represents Big Promise—and Some Peril

After a long wait, Tesla may finally be on the road to India. The planned Musk-Modi meeting comes on the heels of India’s new electric vehicle policy: deep import tariff concessions for companies investing a minimum of $500 million in new EV factories in India. Reuters on Wednesday reported that Tesla was mulling an investment of as much as $3 billion.