Tesla Set to Explore India For Next Multi-Billion Dollar Factory

If Tesla has demand worries as a result of its poor Q1 2024 delivery numbers, it sure isn't showing it. Instead the company is reported to be looking to expand even further geographically, with FT reporting this week that Tesla is eyeing India as a potential site for its next electric vehicle factory, with an investment estimate ranging from $2 billion to $3 billion. The company is set to explore locations in states like Maharashtra, Gujarat, and Tamil Nadu, known for their existing automotive infrastructure. This move aligns with Prime…