Tesla revealed in July that it planned to build up to 500,000 EVs per year.

with pricing beginning at Rs 20 lakh.

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This advancement, if realised, has the potential to considerably increase India's emerging EV market.

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If successful, this development might considerably improve India's emerging EV sector.

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Tesla has suggested establishing a factory in India to manufacture electric automobiles for both domestic and international markets.

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Elon Musk's Tesla has signed a five-year contract for an office facility in Pune.

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The lease agreement includes a 36-month lock-in period and a monthly rent of Rs 11.65 lakh.

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with a 5% annual escalation clause.

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