Tesla to discuss factory plan for new $24,000 car with India commerce minister

Tesla representatives are set to meet India’s commerce minister Piyush Goyal this month to discuss plans to build a factory to produce what the company has described as an all-new $24,000 car, a person with direct knowledge of the matter told Reuters.

Tesla has expressed an interest in building a factory in India that would produce low-cost electric vehicles (EVs) for the local market and for export, the person said, adding that the company had indicated that it would be for the new vehicle.