On January 7, 2020, the US electric carmaker launched a project to manufacture Model Y vehicles in the Shanghai gigafactory, its first overseas plant outside the US.
The 30-share BSE index was trading 173.47 points or 0.43 per cent lower at 40,512.03, and the broader NSE Nifty slipped 47.20 points or 0.40 per cent to 11,883.15.