Tesla to begin manufacturing of EVs in India after $2bn investment

Tesla’s shares drop 9% ahead of Twitter takeover

Musk is funding the $44bn takeover with $13bn of debt from Wall Street’s largest lenders, as well as a $12.5bn loan secured against his Tesla stake.

Tesla, a US electric car maker, is perfecting plans to make a $2 billion investment that would see the automaker manufacturing Electric Vehicles from India. Though the plan is tied to the Indian government approving a concessional duty of 15 percent on its imported vehicles during the first two y

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