(May 28): Tesla Inc will not set up auto manufacturing plants in any location where it is not allowed to first sell and service its vehicles, chief executive officer Elon Musk said in a tweet when asked on his plans for India. Tesla wants the Indian government to lower taxes so it can sell imported cars to test the market before committing to building a factory in the country. Tesla will not put a manufacturing plant in any location where we are not allowed first to sell and service cars. — Elon Musk (@elonmusk) May 27, 2022Musk also said his other company, Space Exploration Technologies Corp (SpaceX), is awaiting government approval in India to start its Starlink Internet service. — Elon Musk (@elonmusk) May 27, 2022Read also:Elon Musk says Bill Gates has ‘multibillion dollar’ Tesla short position


Source:   The Edge Markets
May 28, 2022 15:20 UTC