Posted 4/15/2024, 11:47:18 AM
Tesla Partners with Tata to Source Chips for India EV Launch, Tata Ramps Up Semiconductor Investments to $14B
- Tesla signed deal with Tata Electronics to source semiconductor chips
- Tata hiring 50-60 high-level foreign professionals to boost chip capabilities
- Tata investing $14B into semiconductor business, expanding facilities
- Musk planning India visit to meet PM Modi, expected to announce EV factory plans
- Tesla aiming to launch high-end EVs in India first, potentially make cheaper models locally