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Tesla stops India entry as strategy to negotiate well: Chinese state media

News Snapshot:

New Delhi, June 28 (IANS) As Elon Musk, who turned 51 on Tuesday, decided to put Tesla’s entry into India on hold, Chinese state media has termed the move as a strategic one as the electric car-maker will still eye the Indian market for its potential. According to a report in Global Times, Tesla might just use the suspension as a “business strategy to further promote the negotiation”. Musk last month categorically said that Tesla will not manufacture cars in India unless it is allowed to sell and provide service to its electric vehicles. The team Musk hired in India…

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