Elon Musk is not India’s ideal foreign investor

El Pais

Lean Left

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India can get more than it expected in terms of Elon Musk. Tesla’s role in the White House could make it easier for him to establish the conditions for his entry into the third largest car market. But Donald Trump’s goal of reducing the US trade deficit will leave India less bargaining power to get the coveted jobs in the factories he wants from Musk. Keep reading

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Elon Musk is not India’s ideal foreign investor

The country's high import levies have failed to get the Tesla boss to make his vehicles locally. New Delhi may be considering concessions and exemptions to entice him instead. But Donald Trump's trade wars leave India with less leverage to wrangle coveted factory jobs from Musk.