Tesla Could Be In India By 2020

Elon Musk  InstagramElon Musk with his boring machine

Elon Musk InstagramElon Musk with his boring machine

The automaker now has a Gigafactory facility in China, that makes Tesla cars and caters to most of the demand from the Asia-Pacific region.

The interview also delved into the company's plans for a Model Y crossover SUV, and the upcoming revamp of Tesla's Roadster.

While Tesla chose China, not India, as the venue for its first production facility outside of California, Musk's latest tweets are nonetheless interesting for keen Tesla-watchers in India.

The two regulators are investigating whether Musk and the company over-promised about how many of its new Model 3 vehicle it could make.

Founded by businessmen Martin Eberhard and Marc Tarpenning in July 2003, Tesla is an American automotive and energy company.

"To our knowledge no government agency in any ongoing investigation has concluded that any wrongdoing occurred", Tesla said.

Musk spilled the beans after a Twitter user responded to his Tweet about Tesla and Panasonic together being the largest producer of batteries for electric vehicles in the world.

"Not many products really do make us happier". It didn't hit the 5,000-a-week target until June 2018.

The filing adds that Tesla is cooperating with a Justice Department request for information about Model 3 forecasts.

A single tweet may have cost Tesla CEO Elon Musk $20 million earlier this year, but that hasn't deterred the visionary founder from tweeting.

Last week, investors were cheered by the company's third-quarter net profit, wider margins, and positive cash flow, which sent shares climbing.

The company has said the delays were due to "production bottlenecks". It did not say at the time that it had gained another $137 million in regulatory credits, which contributed to almost half of the profit.

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