Tesla Inc. has reduced vehicle prices in China amidst stiff competition. Tesla had earlier introduced incentives in China to attract consumers, countering competition from BYD. Musk meanwhile deferred his India visit, which was aimed to tap into a new market amid declining sales and stock prices.
Musk told reporters after meeting Modi that Twitter, the social media giant he owns, does not have a choice but to follow the local government. Or it will get shut down, he said