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The Indian government believes Tesla is experiencing capital issues.

However, despite Tesla's current issues, it is committed to bringing its operations to India in the long term, the FT report said. Musk has been "obsessed" with the country due to its potential as both a market and a hub for manufacturing cars for export, the outlet said, citing people aware of the matter.

Several Indian officials also reportedly expressed confidence that Tesla had not lost interest in the market.

 

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