Tesla, led by Elon Musk, views India as a promising market but is hindered by a 100% import tariff on automobiles, causing customer anxiety regarding vehicle pricing. CFO Vaibhav Taneja noted the company is evaluating its entry timing, as Tesla has made steps like securing showroom locations and advertising job openings, while also importing a Model Y vehicle for shipping purposes. Despite discussions with Indian officials to reduce tariffs, local manufacturers oppose any reductions, complicating Tesla’s plans to establish a presence in the world’s third-largest automotive market.
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7 killed, 30 injured as passenger train derails after bridge collapse in Russia
Tragic Train Derailment in RussiaAt least seven people were killed and 30 injured when a passenger train derailed in Russia's Bryansk region after a bridge collapsed, an incident attributed to "illegal interference" by authorities. The bridge, which passed over the railway line, unexpectedly fell, sending concrete debris onto the tracks just as the train approached. Bryansk governor Alexander Bogomaz confirmed the casualties, including two children, and stated that emergency services are on-site providing assistance to...
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