Musk Says Challenging India Regulations Preventing Tesla's Entry
Why Tesla Is Burning Through So Much Cash
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India has been wooing Tesla Inc. to set up a factory on its soil, but billionaire Elon Musk isn’t falling for it. At least not yet.
In a tweet, the chief executive officer of the electric-vehicle maker said a restrictive policy environment in the South Asian country is proving to be a hurdle for local production. Earlier this month, the Palo Alto, California-based company moved a step closer to establishing a factory in China, which would be its first production facility outside U.S. shores, as the Asian giant eases rules for carmakers such as Tesla.