Tesla Submits New Factory Proposal To Indian Government: Report

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Tesla Submits New Factory Proposal To Indian Government: Report
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Tesla executives proposed setting up a new factory in India in a May 17 meeting with local government officials, according to Reuters.

Despite numerous setbacks in the past, Tesla hasn't given up on plans to enter the Indian market. Fortunately, the stalemate between Tesla and the Indian government may be about to end.

At the time, the south Asian country wanted Tesla to build the vehicles locally, while Tesla wanted to test the market first with imports. The talks ended in deadlock, but it appears that negotiations have now resumed.

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