Tesla, the electric vehicle giant, is currently in talks with Micron and CG Semi to expand its semiconductor supply chain, aiming to lessen its dependence on China in the midst of geopolitical tensions and escalating costs. This strategic move falls in line with Tesla’s overarching plan to collaborate with Indian manufacturers, potentially opening up opportunities for partnerships in the growing Indian market. By diversifying its semiconductor suppliers, Tesla aims to secure a stable and reliable source of essential components for its electric vehicles, ensuring smoother production processes and potentially reducing costs in the long run. This development comes at a time when global supply chains are facing disruptions, making it imperative for companies like Tesla to explore alternative sourcing options to mitigate risks and ensure operational continuity. With India emerging as a key player in the manufacturing sector and a lucrative market for electric vehicles, Tesla’s interest in engaging with Indian manufacturers could signal a significant step towards establishing a stronger presence in the country. The discussions with Micron and CG Semi highlight Tesla’s proactive approach in adapting to evolving market dynamics and geopolitical challenges, showcasing its commitment to innovation and sustainable growth. As the electric vehicle industry continues to expand globally, partnerships with key players in the semiconductor industry could prove instrumental in driving Tesla’s future success in India and beyond.

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Tesla partners with Micron and CG Semi to reduce reliance on China for semiconductors amidst rising costs.
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