India Minister Says Tesla "Serious" About Plans To Set Up Production, Innovation Base In India
Portfolio Pulse from Benzinga Newsdesk
India's Minister of Heavy Industries has stated that Tesla is serious about setting up a production and innovation base in India, which could potentially expand the company's global footprint.

May 19, 2023 | 11:00 am
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Tesla's plans to set up a production and innovation base in India could lead to an expansion of the company's global footprint and increased market share.
The news of Tesla's serious plans to establish a production and innovation base in India indicates the company's commitment to expanding its global presence. This expansion could lead to increased market share and potentially higher revenues, which would positively impact Tesla's stock price in the short term.
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