New Delhi: Multinational conglomerate Tata Group has reportedly become a global supplier of billionaire Elon Musk’s electric vehicle (EV) company Tesla. Several Tata firms, including Tata Technologies, Tata Consultancy Services (TCS), Tata AutoComp, and Tata Electronics, are now part of Tesla’s supply chain, according to a report by The Economic Times (ET). Per the report, … Read more
JSW Steel Managing Director Sajjan Jindal claimed that Tesla boss Elon Musk will not be able to compete with Indian automakers. He dismissed the expectations of Musk disrupting the Indian market. “Elon Musk is not here. He is in the US….We Indians are here. He cannot produce what Mahindra can do, what Tata can do—it’s … Read more
Washington DC: Days after Tesla started hiring staff in India, signalling its potential entry into the market, US President Donald Trump has said that any potential plans of the EV maker to build a factory in India, to circumvent that country’s tariffs, would be ‘very unfair’. The US President made the remarks during a joint … Read more