News Snapshot:
Tesla Inc.’s long-awaited entry into India has been underwhelming with only 600 bookings received so far, Bloomberg reported. That’s how many cars the Elon Musk-led company sells every four hours globally. A Tesla Model Y at the company's newly opened store at Bandra Kurla Complex in Mumbai.(Bloomberg) The sales figures have fallen short of the company’s own expectations, people familiar with the matter told Bloomberg on the condition of anonymity while discussing confidential matters. Tesla now plans to ship 350-500 to India this year. The first batch is slated to land from China’s Shanghai in early September, the people said....