news 
Title: Tesla Inc. (TSLA) Stock: India Entry, Robotaxis, Norway Surge Amid Political Headwinds
Tesla Inc., the electric vehicle maker and AI-powered robotaxi pioneer, is making significant strides in various regions worldwide despite ongoing political turbulence. In a recent move, the company confirmed its formal entry into India’s market through a launch event set to take place on July 15 in Mumbai. This marks a strategic shift towards importing vehicles from China and the U.S., bypassing local production.
Concurrently, Tesla is expanding its robotaxi services in Austin, Texas, with plans to integrate AI-powered chatbot Grok into its vehicle lineup, according to reports. It’s unclear what specifics will be shared about this integration but Tesla enthusiasts are eagerly awaiting details.
On a separate note, sales performance in Norway has defied the broader European slump. In June alone, Tesla witnessed a remarkable 54% year-over-year surge in Model Y registrations and an increase of almost 115.3%. This astonishing growth is attributed to the car’s practicality and affordability, along with incentives such as VAT exemptions and home charging access.
The company’s momentum comes amidst growing backlash against CEO Elon Musk for his controversial remarks on social media platforms and global political actions. A stark contrast between Tesla’s performance in Norway versus the downturn seen in Germany and France further highlights the complexity of today’s market dynamics.
Source: coincentral.com
