Elon Musk reveals why Tesla is not in India
While Tesla is keen on its Indian debut, it seems the wait for Tesla's launch in the Indian market is not going to end soon
While Tesla is keen on its Indian debut, it seems the wait for Tesla's launch in the Indian market is not going to end soon.
Musk, the world's wealthiest person and an active social media user with a huge number of followers recently answered a question by a social media user about why Tesla has still not made its India debut.
He replied, "Still working through a lot of challenges with the government."
for the uninitiated, Elon Musk wanted to sell Tesla cars in India since 2019 but even after 3 years, the U.S. electric-vehicle explorer isn’t really much closer.
Apparently, Tesla CEO Musk and Prime Minister Narendra Modi’s administration have been in talks for years, but disagreements over a local factory and the country’s import duties of as much as 100% have led to an impasse.
The government has asked the electric-vehicle maker to ramp up local procurement and share detailed manufacturing plans. On the other side, Musk has demanded lower taxes so that Tesla can start off by selling imported vehicles at a cheaper price in a budget-conscious market.
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Published: 14 Jan 2022, 3:42 PM