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India's EV policy, which offers import tax cuts for foreign automakers investing in the country, will restrict them from using funds spent on charging infrastructure for such relief, increasing their car manufacturing,
Good morning. Tesla is said to be on its way to India. New York's top prosecutor is suing Puff Bar and other e-cigarette makers and distributors. And creative control of James Bond is being handed over to Amazon MGM Studios.
Foreign brands compete for about a third of overall demand, and total EV sales remain vestigial.
Building a Tesla factory in India would be "unfair" to the US, Trump said in a joint interview with Musk this week.
Elon Musk's Tesla is looking to hire senior staff in India, job advertisements posted this week showed, signalling progress in the electric vehicle maker's plans to enter the world's third-biggest auto market.
The listings also hinted at the opening of a Tesla store and a delivery center in India. For instance, the "Store Manager" listing says the new hire will be "responsible for overs
Tesla and India have engaged on-and-off for years, but the carmaker had stayed away from the South Asian nation over concerns on high import duties.
Tesla is reportedly recruiting and scouting showroom locations in the country, following a meeting between Prime Minister Modi and Elon Musk earlier this month.
Tesla looks to hire in India, Baidu highlights AI progress, Arista Networks results due, and more... Tesla ( TSLA -0.03%) is looking to enter the Indian market, with job postings in Mumbai coming less than a week after Elon Musk sat down with Indian PM Narendra Modi.
Electric vehicle maker Tesla has begun hiring in India, with the company of tycoon Elon Musk issuing advertisements days after US President Donald Trump's right-hand man met with India's premier.
Musk’s firm is reportedly scouting for jobs and land in India as local carmakers say they remain unfazed by potential competition.