Figuring Out • 19d
Agreed.. They might as well ever bear some interest part just like they did in the US. If that happens, Tesla can sell well. But at the end the main issue is that customers still have to pay almost twice the car price because of the import duties and no one wants to do that.
Hey I am on Medial • 7m
The Tesla Model Y costs ₹70 lakh in India. In the US, it’s just ₹32L. In China, ₹30L. So why are Indians paying more than double? Don’t blame Nirmala Tai for this. In 2024, the Indian government introduced a game-changing EV policy. Import duties
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Hey I am on Medial • 1y
India has slashed import duties on fully built electric vehicles (EVs) to 15%, down from the previous 70-100%, in a bid to attract global manufacturers like Tesla. To qualify for the reduced tariff, companies must commit at least $500 million in inv
See MoreKeen Learner and Exp... • 12m
Tesla is finally in India!! Elon Musk's Tesla has finalised a deal to open its very first showroom in Mumbai. The showroom is located in the Bandra Kurla Complex and covers and area of 4000 square feet on grond floor. With the charges of rent being
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Founder - Burn Inves... • 1y
Many people think that with Tesla's entry into India, Indian auto companies won't be able to sell, which is completely wrong. Yes, no doubt Indian companies will face competition, but their customer base will be different. Tesla will never target the
See MoreFounder - Burn Inves... • 10m
The USA has removed tariffs on the import of smartphones and computers, which has led to a good rally in the Indian market. However, at the same time, the USA also mentioned yesterday that they will soon implement tariffs on pharmaceuticals as well,
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