This story was first published on the Benzinga India portal. Nitin Gadkari, the Indian Minister for Road Transport and Highways, has set the record straight in a recent conversation. He expressed that while Tesla Inc. (NASDAQ: TSLA) is welcome to set up shop in India, the terms will be dictated by the Indian government. Gadkari clarified that Tesla would receive concessions only if it agreed to local manufacture, not for selling units produced in China, as reported by the Economic Times. Rumors
In the latest edition of GQ Clout, the founder of the world’s buzziest electric truck maker talks about competing with Tesla while battling climate change: “It’s a multidimensional 20-year chess game.”
In February 2022, Justin Trudeau invoked emergency powers for the first time in the country’s history to arm his government with more power to respond to the trucker protests, who were opposing the vaccine mandates at that time.