Market
Tesla News On India Exit Recall And SpaceX Links Tests Valuation
YahooMay 24, 2026
Tesla has officially cancelled plans to build a manufacturing plant in India, ending years of talks with local authorities. The company is dealing with a recall of more than 14,000 Model Y vehicles in the U.S. tied to a safety label issue. Tesla's commercial ties and equity exposure to SpaceX are growing, feeding ongoing speculation about a possible merger as a SpaceX IPO approaches. For investors watching NasdaqGS:TSLA, these developments land at a time when the stock trades at $426.01 and...
