Tesla's India Play Deepens As Elon Musk's EV Giant Explores Alternate Semiconductor Supply Chains Amid US-China Trade War
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Tesla is exploring India as a semiconductor chip supplier amid U.S.-China trade tensions, engaging in talks with Micron, CG Semi, and Tata Electronics. This move aligns with Tesla's plans to enter the Indian automotive market, following previous unsuccessful attempts due to high tariffs and local manufacturing requirements. The Indian government has since reduced import tariffs significantly. Elon Musk has expressed interest in India and plans to visit later this year. Tesla has also delayed the launch of a more affordable Model Y version.
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