Tesla plans partial India presence in 2019: Elon Musk


Elon Musk's crimson Tesla has officially floated by the Red Planet.

"That seemed extremely boring", Musk said of settling for concrete or steel blocks prior to the launch. Musk in a tweet confirmed that he is hopeful that Tesla will soon have partial presence in India, Africa and South America end of next year, with broader expansion in 2020.

The red electric vehicle and its spacesuit-clad mannequin driver, which launched on the maiden mission of SpaceX's huge Falcon Heavy rocket in February, have made it beyond the orbit of Mars, company representatives said Friday night (Nov. 2). This is where the local assembly pointed out by Musk will make the products affordable.

"I was told that 30% of parts must be locally sourced and the supply doesn't yet exist in India to support that."

In the future, the US-based company also needs to settle a country-wide charger network for Tesla owners in India.

This clearly indicated Tesla's plan to enter the Indian market.

One of the world's largest electric auto makers, Tesla Motors, is set to arrive in India next year, claimed a report in Carwale.com on Monday. Regulators are looking at whether Tesla misled investors about its business.

In conclusion, he stressed that the first priority of his company is the production vehicle on electrical energy, its parameters are superior to gasoline.

The Securities and Exchange Commission (SEC) investigation, which first came to light in August, is one of three that are now open against the company, the others being spearheaded by the FBI and the Department of Justice.

The FBI's investigation also targets the Model 3 production targets, while the DOJ is examining Musk's privatisation statements. Online applications are routinely exposed to a variety of hacker attacks, including SQL injection, cross-site scripting (XSS) and remote file inclusion (RFI), against which they can get protected by cybersecurity tools like a web application firewall which filters incoming traffic. China is Tesla's second largest market.