Tesla in Talks With Reliance for India EV Plant, Report Says
- Elon Musk’s automaker in early discussions with conglomerate
- India wants to entice foreign EV brands to invest in country
Musk has looked to break into India for years as the country’s growing middle class seeks to spend their increasing wealth.
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Tesla Inc. is in early discussions with Reliance Industries Ltd. about a possible joint venture to build an electric-vehicle manufacturing facility in India, Hindu BusinessLine reported.