India Rejects Tesla's Call For Tax Benefits: Report

The Indian government has turned down a demand of tech billionaire Elon Musk's electric vehicle (EV) company Tesla for tax breaks to import electric cars, saying rules already allow bringing in partially-built vehicles and assembling them locally at a lower levy.

Tesla

The Indian government has turned down a demand of tech billionaire Elon Musk's electric vehicle (EV) company Tesla for tax breaks to import electric cars, saying rules already allow bringing in partially-built vehicles and assembling them locally at a lower levy, Bloomberg reported on Friday.