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Why Tesla, Mercedes, BMW are all playing by China’s rules now

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This past week, I visited Mumbai’s new happening exhibition location—the revamped Ballard Pier. Indian naval vessels were on one side and cargo operations on the other. The location was a much-needed rejuvenation of the Mumbai docks and brings the financial capital in line with other global cities like London, Shanghai and New York, where historic waterfronts have also undergone major transformations. The Tesla Model Y L was going to be launched at the venue. This long-wheelbase variant, built by Elon Musk’s carmaker and the world’s best-selling vehicle for three consecutive years—could mark a turning point for the brand in India. The…

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