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Elon Musk Hints At 'Partial Presence' Of Tesla In India By 2019

The tweet sent out now brings in some hope and a partial presence in India would certainly help in boosting the electric car market in India Tesla Motors' Chief Executive Officer (CEO), Elon Musk , today revealed that the company's plans to expand its overall market beyond North America, Europe, and China. We already told you that the company plans to make the Model 3 in China and has hinted at achieving 7000 units production capacity. Musk also revealed on Twitter that he recently asked his service team to expand to all population regions in North America, Eastern Europe, China, and Japan by the end of next year. He even said that "We are completely missing vast geographic regions in some cases." In a follow-up tweet Musk went on to state that "Hopefully, partial presence in India, Africa & South America end of next year, with broader expansion in 2020" and this gives India a silver lining at the least. Hopefully, partial presence in India...

Musk's new pay deal could make him the world's richest man—if Tesla succeeds

It is the  Elon Musk  of corporate pay deals, a cocksure, all-or-nothing moonshot into history. Little wonder, then, that it is for none other than Elon Musk.  Tesla  Inc. granted the billionaire founder a $2.6 billion award, the largest-ever of its kind, underscoring the company's outsize ambitions and how intimately connected its future success is to Musk. If fully vested over a decade, stock options would net him as much as $55.8 billion. Along the way, nothing would be guaranteed -- zero salary or cash bonuses.  The audacious award outlines a plan for Tesla to become one of the world's biggest companies, which would make Musk perhaps the richest man on the planet in the process, but without as detailed a road map to get there as was provided with his last award. This, too, is very Musk-like -- set big-picture, moonshot end goals, particulars be damned.  "It's breathtaking both in size and in terms of performance required to earn it," Steven Ha...