Tesla begins hunt for sites to build car factory in India: Report
The team from Tesla will look at different states in India. They're focusing on places like Maharashtra, Gujarat, and Tamil Nadu. These states already have many car factories.
Tesla is looking to set up a big factory in India and is sending over a team to scout for possible locations, reported The Financial Times.
The team is expected to arrive this month to look for the factory's location. The Elon Musk owned electric vehicle (EV) manufacturer is planning to spend between $2 billion and $3 billion on the factory.
The team from Tesla will look at different states in India. They're focusing on places like Maharashtra, Gujarat, and Tamil Nadu. These states already have many car factories.
This development comes at a time when there's not as much demand for electric cars, and there's a lot of competition. Due to this, Tesla didn't sell as many cars as people thought they would in the first three months of this year.