Tesla

Tesla is set to enter the Indian markets, but before that, the company has requested PM Narendra Modi to reduce the import taxes on electric cars. Reportedly, a meeting was held between officials on the same issue, last month. Furthermore, the company has also urged for a meeting between Elon Musk and Modi. Besides, India levies 60% import duty on electric vehicles.

Elon Musk, CEO of Tesla, said on October 7 that the electric automaker wants to relocate its headquarters from Palo Alto, California, to Austin, Texas, where it is constructing a huge vehicle and battery production facility. The plant in Fremont, California is "jammed," and is difficult for people to buy homes in California, Musk stated. It intends to broaden production by 50% at its main California and Nevada factories.

After facing backlash and scrutiny by China regarding glitches in storage and customer data handling, Tesla's CEO Elon Musk announced his desire to work with global regulators to ensure data security on September 18. Privacy and Security questions have raised doubts on pieces of equipment like an array of sensors and cameras assembled in Shanghai. "With the growth in autonomous driving vehicles' data security is drawing more concern," he said… read-more

Tesla is hunting for a single-brand retail avenue in India to set up its center, following the footsteps of Apple & Ikea. Based on the FDI norm, any company with 51% foreign ownership must source 30% value goods from India. Besides, the center has approved the import of four Tesla vehicles. However, high import prices, high electric-vehicle import duties make the road bumpy for Tesla.

In the USA Orlando, a Tesla car running on autopilot mode, sitting a 27-old-man driver, narrowly hit the police patrol car while the officer was helping a driver of a disabled vehicle and also rammed into the other vehicle on August 28. Reportedly, the officer got unhurt while both the drivers received minor injuries. However, Tesla didn't issue any statement on the failure of the system.