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Elon Musk says Tesla’s looking to establish a ‘partial presence’ in India by 2019

The user had asked if Panasonic "will also be a partner of the China gigabattery production", to which Musk said that Tesla plans to source cell production locally "most likely from several companies", including Panasonic.

"We are completely missing vast geographic regions in some cases", he wrote, adding that he hopes to have a partial presence in South America, Africa and India by the end of next year and a bigger one in 2020.

Tesla Motors' CEO, Elon Musk, revealed his investment plans for India via Twitter. As a vehicle company, if it was to import and sell its cars here, it would have to charge very high prices - a Model S would cost upwards of Rs 1 crore in India.

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

A Tesla spokesperson told Reuters last week that the company had received a voluntary request from the Department of Justice for documents related to Model 3 production forecasts, but had not received a subpoena. This is also to avoid an eye-watering 110% duty.

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Both sides now sit on one point in the group while Barcelona sit top with nine and Inter in second with six. We created lots of chances, played well and dominated the game, but we could not score.

"Of course, anything boring is bad, especially companies, so we chose to send something unusual, something that made us feel", he added.

This clearly indicated Tesla's plan to enter the Indian market. Regulators are looking at whether Tesla misled investors about its business.

The decision came as a shock for the Indian authorities, who repeatedly talked about switching to electric cars by 2030.

Still, in his most recent tweet, Musk outlined the company's long-term vision for expanding beyond its current biggest markets.

Tesla is setting up a gigafactory in China this year, after which Nitin Gadkari, Transport Minister pointed out that "India will welcome Tesla and ready to help them with land and all types of help". India has the fifth largest economy in the world, which will double to $5 trillion by 2025.

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