Tesla in talks with TATA power for EV charging infrastructure

Tesla Inc is exploring an arrangement with Indian conglomerate Tata Sons' power generation unit, Tata Power NSE -1.85 %, to set up charging infrastructure for electric vehicles in the country, CNBC-TV18 reported on Friday, citing sources.
Shares of Tata Power rose 5.5% to their best closing level since June 9, 2014 after the report, which comes as the Palo Alto-based electric-car maker gears up for an India launch later this year with plans to import and sell its Model 3 electric sedan in India.