New Delhi: If you’re also waiting for Elon Musk’s Tesla to launch in India, it will take a lot longer than you think.
Elon Musk’s Tesla originally came to India last year with a supposed launch of its Model 3 (its most affordable car) with so many rumors as well as test cars spotted on our roads.
However, there is currently no concrete news on the launch.
Tesla CEO Elon Musk has just confirmed that the automaker “is still working on a lot of challenges with the government.”
It appears Tesla is considering lowering import duties on its cars for its launch in India, as high import duties will lead to high prices and, in turn, lower sales expectations.
It looks like Tesla wants to sell the Model 3 and other products through the import route first, and then start local manufacturing.
Therefore, the automaker wanted lower taxes for imported Tesla cars.
The point is, the government wants Tesla to make cars from the start.
Musk, who previously said India’s import duties were among the highest for cars, wanted to reduce the first, which would have triggered plans to launch Tesla India.
Earlier, an Indian minister asked Tesla not to sell its cars, which are made in China, and make cars here in the first place.
The company is figuring out what to do by taking the time to start a local manufacturing unit, as imported cars would make Tesla expensive.
Tesla is expected to start local assembly of its Model 3, which would mean better volumes but also require larger investments upfront.
The company is already occupied with huge demand in the world and is also developing its future products while focusing on the Indian market, it will still be a long time before Tesla starts selling cars in India.
It depends on how things go because Tesla can start selling its imported cars and then establish a factory in India or first establish a factory here.
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