Tag: tesla electric cars

India Closer to Agreement With Tesla to Import EVs, Set Up Plant
Technology

India Closer to Agreement With Tesla to Import EVs, Set Up Plant

[ad_1] India is closing in on an agreement with Tesla Inc. that would allow the US automaker to ship its electric cars to the country from next year and set up a factory within two years, according to people familiar with the Indian government's thinking.An announcement could come at the Vibrant Gujarat Global Summit in January, one of the people said, declining to be identified because the discussions are private. The states of Gujarat, which is Prime Minister Narendra Modi's home base, Maharashtra and Tamil Nadu are under consideration because they already have well-established ecosystems for electric vehicles and exports, another person said. We are now on WhatsApp. Click to join Tesla would commit an initial minimum investment in any plant of around $2 billion, one person said, and ...
Elon Musk Says Tesla Will Try Advertising
Technology

Elon Musk Says Tesla Will Try Advertising

[ad_1] Tesla Inc. Chief Executive Officer Elon Musk said the electric-car maker will dabble in advertisements, a major departure for the 20-year-old company. “We'll try a little advertising and see how it goes,” Musk said Tuesday at Tesla's annual shareholder meeting in response to an investor's question. Tesla has long prided itself on word-of-mouth among its fan base to market its vehicles. It has built a formidable brand without paying for traditional advertising on television, radio or in newspapers or magazines. Musk said in a subsequent interview with CNBC that paying for ads could be a way to expand beyond its existing user base as the company grows. “It's worth a try and we'll see how effective it is,” he said. “I only just agreed to it so it's not a fully formed strategy.” Mu...