Tesla refunds Model 3 reservation fees to Indian customers, hints at market entry amid US-India trade talks.

Tesla, the American electric vehicle manufacturer, is making moves towards entering the Indian market by refunding Model 3 reservation fees to Indian customers. This development comes amidst ongoing trade negotiations between India and the US, indicating a potential market entry for Tesla in India. The company’s CEO, Elon Musk, is planning to visit India this year, further fueling speculation about Tesla’s expansion into the Indian market. In addition to refunding reservation fees, Tesla has reportedly secured office space in Mumbai, a strategic move that suggests the company is serious about establishing a presence in India. With India’s growing focus on clean energy and sustainable transportation solutions, Tesla’s entry into the market could have a significant impact on the automotive industry in the country. Stay tuned for more updates on Tesla’s plans for India.

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