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Tesla Motors, Inc. (NASDAQ:TSLA), Ford Motor Company (NYSE:F) - Why Tesla Will Find Indian Auto Market A Tough Nut To Crack


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Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is preparing the automaker for a “robust entry” into India, as he seemed to confirm on social media last Wednesday. India, a nation of over 1.37 billion is a comparable market to China, where the company has emerged as a leading purveyor of electric vehicles.
Does the Indian market present another golden opportunity for the Palo Alto, California-based automaker?
Laying The Groundwork: Last week, the Chief Minister of Karnataka said on Twitter that Tesla would start operations of an R&D unit in the state’s capital Bengaluru, known as the Silicon Valley of India. The preparations to enter India appear to be in full swing and the buzz is apparent even in Singapore where the automaker posted a job ad last Friday for a “Logistics Analyst” fluent in Hindi, a major language spoken in North India, according to local media.  ....

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