Tesla Inc (TSLA.O) has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, according to a source with direct knowledge of the matter.
The proposal comes after India refused to agree to Tesla's request last year to lower the import tax on cars, which can reach as much as 100%. India…
This story from reuters.com was posted on 2023-05-17 by @mapleaf.