U.S. securities regulator subpoenas Tesla on Model 3 production estimates

Elon Musk says Tesla’s looking to establish a ‘partial presence’ in India by 2019

Tesla plans partial India presence in 2019: Elon Musk

In his tweet, Musk was replying to a member of the public and mentioned that he had asked his service team at Tesla to expand locations to all populous areas.

One study said the Roadster would come within a few hundred thousand kilometres of our planet in 2091, but also said there was a 6 per cent chance of hitting Earth in the next 1 million years - although it would simply burn up in the atmosphere.

U.S. regulators have demanded Tesla to hand over information as part of a criminal investigation into whether Elon Musk's electric vehicle maker misled investors over its production figures.

This isn't the first time Space X CEO has shown interest to enter the Indian market.

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The $58 billion company agreed as part of the SEC settlement to more closely monitor Musk's social-media commentary. It's also key to the company's cash flow and pledge to make quarterly net profits into the future.

The SEC had also issued subpoenas in connection with Chief Executive Elon Musk's previous statements that he was considering taking the company private, it said. His tweed said, "hopefully, partial presence in India, Africa & South America end of next year, with broader expansion in 2020".

One of the world's largest electric vehicle makers, Tesla Motors, is set to arrive in India next year, claimed a report in Carwale.com on Monday.

The automaker now has a Gigafactory facility in China, that makes Tesla cars and caters to most of the demand from the Asia-Pacific region.

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Earlier in May, Musk had hinted out his firm's entry to India via micro-blogging site Twitter.

The Model 3 saloon is by far a more affordable auto than Tesla's previous models.

The Model 3 is a central part of Tesla's plan to expand from a niche player in the luxury segment to a auto maker with broader appeal. The company may produce it in a limited quantity.

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