Elon Musk’s satellite internet company Starlink will soon start providing Internet services in India. The Tesla-backed company will apply for a commercial licence in India to provide broadband internet services to the users in India. The announcement comes days after Department of Telecommunications, Ministry of…
US-based electric vehicle (EV) maker Tesla has joined the elite club of companies that have a market capitalisation of over $1 trillion. Tesla reached the milestone after its stock crossed $1,000 for the first time following a 14.5 per cent rally on the NASDAQ index. The US electric carmaker’s stock rallied after…
The government may consider offering tax breaks to Tesla as the US-based electric vehicle (EV) manufacturer plans to start selling operations in India. There are, however, two conditions that Elon Musk’s Tesla will have to fulfil in order for the government to consider any reduction in import tax on completely built…