Five Things You Need to Know to Start Your Day: Asia

Good morning. Tesla executives stopped contacting India about investment. Putin pushes global security architecture based on China links. Labour projected to win in UK vote, exit polls show. Australia may run short on gas. — Sebastian Boyd

India doesn’t expect Tesla Inc. to move forward with an investment in the country any time soon after executives at Elon Musk’s electric carmaker stopped contacting them, according to people familiar with the matter. Musk’s team hasn’t made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India in late April, the people said, asking not to be identified because they’re not authorized to speak publicly. The government is given to understand that Tesla has capital issues and doesn’t plan on pledging fresh investment into India in the near future, they said. Separately, Musk’s social media platform X faces a possible fine amid an EU crackdown on dangerous content.