Tesla Stock Downgraded; Elon Musk Hints At India Tesla Manufacturing Plant

Tesla (TSLA) Chief Executive Elon Musk signaled Tuesday evening the global EV giant will likely make a sizable investment in India in the near future. Meanwhile, TSLA received a downgrade as margins and demand concerns continue. X Musk met with India’s Prime Minister Narendra Modi Tuesday in New York City and afterwards hinted to members of the press it’s “quite likely” Tesla will soon have a presence in the country. “We don’t want to jump the gun on an announcement but it’s quite likely that there will be a significant investment and relationship in the future,” Musk said Tuesday. The…