Tesla is likely to set up a car factory in India. According to the media, Elon Musks Tesla has started discussions with the central government for an investment proposal to set up a car factory, with an annual capacity of as many as 5,00,000 electric vehicles.The prices for the electric vehicles would start from INR 2 million, approximately $24,400.66, the report added.However, the Elon Musk-led company did not immediately comment on this news so far.Moreover, Tesla is also looking at using India as an export base as it plans to ship cars to countries in the Indo-Pacific region, the report said, citing government sources.Last Month, in a meeting with Elon Musk, Prime Minister Narendra Modi pushed the carmaker to make a significant investment in the country.
