Elon Musk Outlines India Investment Plans In Meeting With PM Modi
Portfolio Pulse from Benzinga Newsbot
Elon Musk met with Indian Prime Minister Narendra Modi to discuss Tesla's investment plans in India, marking a significant step in the company's entry into the South Asian market. The meeting could pave the way for Tesla's smoother entry into India, overcoming regulatory hurdles and gaining government support.
June 21, 2023 | 2:57 am
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Tesla's meeting with Indian Prime Minister Narendra Modi signals a significant step in the company's entry into the South Asian market, potentially overcoming regulatory hurdles and gaining government support.
The meeting between Elon Musk and Narendra Modi indicates that Tesla is making progress in its plans to enter the Indian market. Gaining government support and overcoming regulatory hurdles are crucial for Tesla's success in India, which is seen as the next big frontier for EVs. This development is likely to have a positive short-term impact on Tesla's stock price.
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