Are Tesla cars available in India?
Elon Musk explains why Tesla cars may not come to India anytime soon
Elon Musk explains why Tesla cars may not come to India anytime soon
After reports that Tesla may enter the Indian market next year, Elon Musk has now again dashed hopes of Indian consumers to see Tesla cars on India roads. In a Twitter interaction, Tesla CEO Musk said import duties in India are extremely high and the higher duties would make Tesla cars unaffordable.
Tesla CEO has been moving back and forth on his India entry in the last few years. In a recent interaction with the students from IIT Madras, the Tesla CEO had said the car may run on the Indian
Tesla CEO has been moving back and forth on his India entry in the last few years. In a recent interaction with the students from IIT Madras, the Tesla CEO had said the car may run on the Indian
Yes Elon. For car over $40k, import is 100%. For less than $40k, its 60%. So won't make sense. But having a small vehicle assembly plant can help. Import just 10-15%. And govt recently reduced GST on EV from 12% to 5% and on chargers also from 18% to 5%.
For other countries, we pay in part for the local factory by selling cars there ahead of time. Also, gives a sense of demand. Current rules in India prevent that, but recent changes in sales tax give hope for future changes.
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