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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Elon Musk's Tesla has chosen a lean, retail-only strategy for India. It seems to be a sensible business choice.
Tesla opened its first showroom in Mumbai’s Bandra Kurla Complex to much fanfare in mid-July. A second showroom in Delhi’s Aerocity is in the works. Together, these will serve as the Texas-headquartered carmaker’s only physical touchpoints in India. While prospective buyers can book vehicles from anywhere in the country, deliveries to Mumbai, Pune, Bengaluru and Delhi will be prioritized.
Coming to the vehicles, only one model—the Model Y crossover, starting at Rs 59 lakh and going up to almost Rs 70 lakh—is on offer. There is no gigafactory coming up. No assembly plant to be built. The fully manufactured Model …
A proposed Rs 12,000 crore incentive shifts the focus to components after the first scheme fell short. But raw material dependence, gaps in technology and China’s dominance remain.
Elon Musk’s satellite internet promises a new way to get online. How will it coexist with the country's telecom giants?
The Saudi-backed EV maker says claims of a possible collapse are untrue, but investors remain worried about the company’s future.
