Tesla to set up electric car manufacturing unit in southern India
Bhargav Acharya and Aakriti Bhalla Sat, February 13, 2021, 9:49 AM By Bhargav Acharya and Aakriti Bhalla
BENGALURU (Reuters) - Billionaire Elon Musk's Tesla Inc will set up an electric-car manufacturing unit in the southern Indian state of Karnataka, according to a government document seen by Reuters on Saturday.
"The U.S. firm Tesla will be opening an electric car manufacturing unit in Karnataka," the state government said in a brief statement.
The statement was part of a broader document outlining the highlights of India's budget to its people in the local language of Kannada.
Last month, the electric carmaker incorporated Tesla Motors India and Energy Private Limited with its registered office in the city of Bengaluru in Karnataka, a hub for global technology companies.
State Chief Minister B.S. Yediyurappa had then said in a tweet, which was subsequently deleted, that Tesla would start its operations in India with an R&D unit in Bengaluru.
It was not immediately clear if the Saturday statement was referring to the same unit.
Tesla and the office of Karnataka state chief minister did not immediately respond to Reuters' request for comments.
Musk has tweeted several times about the company's impending foray into India. In December, the Tesla CEO confirmed in an exchange on Twitter that Tesla will launch in the country in 2021.
India has been keen to reduce its oil dependence and cut down on pollution, but its efforts to promote electric vehicles have been stymied by a lack of investment in manufacturing and infrastructure such as charging stations.
To boost investment, India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities, Reuters reported last year.
I was afraid that the market might react negatively to this news next week. Now that you have assured us that this news has been priced in the TSLA price already, I can have a sound sleep tonight.
Tesla to set up electric car manufacturing unit in southern India
Bhargav Acharya and Aakriti Bhalla
Sat, February 13, 2021, 9:49 AM
By Bhargav Acharya and Aakriti Bhalla
BENGALURU (Reuters) - Billionaire Elon Musk's Tesla Inc will set up an
electric-car manufacturing unit in the southern Indian state of Karnataka,
according to a government document seen by Reuters on Saturday.
"The U.S. firm Tesla will be opening an electric car manufacturing unit in
Karnataka," the state government said in a brief statement.
The statement was part of a broader document outlining the highlights of
India's budget to its people in the local language of Kannada.
Last month, the electric carmaker incorporated Tesla Motors India and Energy Private Limited with its registered office in the city of Bengaluru in
Karnataka, a hub for global technology companies.
State Chief Minister B.S. Yediyurappa had then said in a tweet, which was
subsequently deleted, that Tesla would start its operations in India with an R&D unit in Bengaluru.
It was not immediately clear if the Saturday statement was referring to the same unit.
Tesla and the office of Karnataka state chief minister did not immediately
respond to Reuters' request for comments.
Musk has tweeted several times about the company's impending foray into
India. In December, the Tesla CEO confirmed in an exchange on Twitter that
Tesla will launch in the country in 2021.
India has been keen to reduce its oil dependence and cut down on pollution, but its efforts to promote electric vehicles have been stymied by a lack of investment in manufacturing and infrastructure such as charging stations.
To boost investment, India plans to offer $4.6 billion in incentives to
companies setting up advanced battery manufacturing facilities, Reuters
reported last year.
good luck
LOL
据说这个新闻已经price-in到股价里了。
所以，看这种新闻，想着股价继续上涨，可能是误区。。。
thanks for the timely sharing!
I was afraid that the market might react negatively to this news next week. Now that you have assured us that this news has been priced in the TSLA
price already, I can have a sound sleep tonight.
Thank you thank u thank u.
【 在 briteguy (FOCUS) 的大作中提到: 】
: 据说这个新闻已经price-in到股价里了。
: 所以，看这种新闻，想着股价继续上涨，可能是误区。。。
太怯懦鸡了，令我失望。
看我给你们整一段儿：由于阿三国民经济实力欠缺，特斯拉在啊三国卖车，只会是卖一辆亏一辆，卖得越多亏得越多，等特斯拉在啊三国的年销量达到10米每年的时候，特斯拉就该到280了。
日，三哥的程序不能相信啊，demo都不见得能过