Elon Musk: Tesla is facing a lot of challenges in entering the Indian market | Updates About Tesla in India Q1 2022
Updates About Tesla in India: Tesla, one of the most popular Electric cars in the World, is waiting to launch in India. But it has been facing a lot of challenges to launch. Tesla had received approval in India for four models in August 2021 and another three models in December 2021. But, recently, Elon Musk has responded to an Indian Tesla fan asking for an update on Tesla’s launch in India @ 2022. Musk said that the company is working through a lot of challenges with the government.
Updates About Tesla in India Q1 2022
One of the most popular questions that are frequently asked to Elon Musk has been “When will Tesla launch its cars in India?”. Once again, a fan from India asked this question. Elon Musk replied with an update.
Pranay Pathole, in a tweet, said, “Yo @elonmusk any further update as to when Tesla’s will launch in India? They’re pretty awesome and deserve to be in every corner of the world!” Responding to this, Musk said that “Still working through a lot of challenges with the government.”
Here is the Tweet
Updates About Tesla in India 2022
One of the important issues being faced by the Elon Musk-led company Tesla is the imposition of import taxes. Tesla had urged the Indian government to slash import taxes on electric vehicles (EV) and even requested a meeting between Musk and Honourable Prime Minister Narendra Modi.
The Govt. of India levies a 60% import tax on electric vehicles priced at $40,000 or less, and 100% on those priced above $40,000. So, Tesla cars start at $44,690 (approx. ₹33,41,780) in the US, meaning Tesla’s cars would face a 100% import tax in India, negatively affecting the company’s sales.
As Tesla has been requesting a reduction in import duties for the time being now, Top Indian companies like Tata Motors have opposed such a move as it would promote imports and go against the country’s plans to boost local electric vehicle manufacturing.
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