Tesla (TSLA) does not want to produce cars in India, though Mercedes-Benz (MBGYY) and Volkswagen (VWAGY) are among the foreign carmakers eyeing India’s new electric vehicle policy, Reuters’ Neha Arora and Aditi Shah report, citing comments made by a federal minister.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Sales Soar for Chinese EVs While Tesla Loses Traction
- Trump says automakers must build entire vehicles in U.S., Reuters says
- ‘Keep on Buying,’ Says Morgan Stanley About Tesla Stock
- Tesla’s Stock Rebounds Amid European Challenges and Robotaxi Launch
- Residents of Musk’s SpaceX Town Receive a Warning about Their Rights