Musk set to arrive: potential win-win for Tesla and India, some challenges too

News Snapshot:

On his visit to India over the weekend, Tesla Inc. CEO Elon Musk could make a pledge to pump more than $2 billion into a car manufacturing facility in the country, and make a statement on a longer-term investment commitment. He is scheduled to participate in a roundtable with India’s space startups, and have a meeting with Prime Minister Narendra Modi on Monday. Musk’s India visit comes as his flagship company Tesla goes through some difficulties, with sobering sales numbers resulting in falling stock market valuations. The promise of India Electric passenger car sales have been strong in India, albeit...