This is HUGE
@Ashwin @Gautam @randomradio
US EV automaker Tesla has signed a strategic deal with Tata Electronics to acquire semiconductor chips for its worldwide operations, according to a report by The Economic Times. The reported deal, which was executed discreetly as per the report, shows Tesla is interested in building a supply chain in India that goes beyond local revenue generation.
This comes in the backdrop of the EV automaker's chief Elon Musk's reported visit to India, where he will meet Prime Minister Narendra Modi and is expected to announce potential Indian investments.
More:
www.moneycontrol.com
Original report for those with subscription:
economictimes.indiatimes.com
The 22-28nm fab being built by Tata will ensure India commands a sizeable market share in the medium-end (automotive, IoT etc.) of the semiconductor space across the world.
@Ashwin @Gautam @randomradio
Tata Electronics inks deal with Tesla for semiconductor chips ahead of Elon Musk India visit: Report
US EV automaker Tesla has signed a strategic deal with Tata Electronics to acquire semiconductor chips for its worldwide operations, according to a report by The Economic Times. The reported deal, which was executed discreetly as per the report, shows Tesla is interested in building a supply chain in India that goes beyond local revenue generation.
This comes in the backdrop of the EV automaker's chief Elon Musk's reported visit to India, where he will meet Prime Minister Narendra Modi and is expected to announce potential Indian investments.
More:
![www.moneycontrol.com](/forums/proxy.php?image=https%3A%2F%2Fimages.moneycontrol.com%2Fstatic-mcnews%2F2023%2F08%2FTesla-770x433.jpg&hash=0f2cdf85665a3af9aba96dc1fa7b7f73&return_error=1)
Tata Electronics inks deal with Tesla for semiconductor chips ahead of Elon Musk India visit: Report
The Tesla chief will meet Prime Minister Narendra Modi and is expected to announce potential investments in India
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ET exclusive: Tata Electronics seals semicon deal with Tesla
The US-based electric vehicle (EV) major is keen to enter India, the worlds fastest-expanding major automotive market. Tesla promoter Elon Musk is reportedly visiting India this month for a meeting with Prime Minister Narendra Modi. Musk is expected to announce potential Indian investments...
The 22-28nm fab being built by Tata will ensure India commands a sizeable market share in the medium-end (automotive, IoT etc.) of the semiconductor space across the world.