News Snapshot:
New Delhi:Tesla Chief Executive Elon Musk said on Saturday he plans to visit India later this year, following a discussion with Prime Minister Narendra Modi, suggesting renewed momentum for the electric vehicle maker’s long-awaited entry into the country. Musk announced his travel intentions in a post on his social‑media platform X. Musk had been scheduled to visit India in 2023 but cancelled at the last minute, citing urgent issues at Tesla. A return trip now comes at a critical juncture: Tesla faces intensifying competition worldwide, losing market share to aggressively priced rivals such as China’s BYD Co., while its brand...