Skip to main content

Why Tesla has not come to India yet Lets analyze Musks Tweets

Post his meeting with PM Modi, Elon Musk said Tesla will be in India as soon as it’s humanly possible. He also laid out the prerequisites for a sustainable energy future for India. This isn’t the first time he had vaguely talked of bringing Tesla to India. Here’s a thread of all his tweets around the topic to understand what’s the bottleneck. 

Elon Musk Tesla India: The story so far

Let’s try to see it in reverse chronological order.

On June 21, 2023, as part of his 3-day maiden state visit in New York, Modi met Musk and among a wide range of topics, one of the talking points was Musk’s investment plans in India. 

Also Read: Elon Musk wants you to find your next job on Twitter as it takes on LinkedIn

Musk has proposed significant investments in the country and is confident that Tesla’s entry into India won’t take long. In his past tweets, he has revealed why it hasn’t happened yet in the first place.

Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars

— Elon Musk (@elonmusk) May 27, 2022

Indian government wants Tesla to set up its manufacturing base locally. The company so far has Gigafactories set in Shanghai, Germany, and the US. If a Gigafactory in India becomes a reality, then that plant is likely to produce EV batteries and associated technologies. 

Still working through a lot of challenges with the government

— Elon Musk (@elonmusk) January 12, 2022

This is a shift from Tesla’s earlier stance which was to import its cars and components to India. However, then too it would’ve had hurdles to overcome. What, you may ask? The answer is Tariffs/Taxes/Custom Duty.

Also Read: Musk meets PM Modi in New York and discusses the potential arrival of Tesla in India

For context, customs duty on EVs with a value of more than $40,000 is now 70%.

In discussions with the government of India requesting temporary relief on import penalties/restrictions until a local factory is built

— Elon Musk (@elonmusk) June 14, 2017

So, the tentative launch timeline of Tesla in India has changed time and again.

Next year for sure

— Elon Musk (@elonmusk) October 2, 2020

India commits to sell only electric cars by 2030. It is already the largest market for solar power. https://t.co/EGBNTPzmE5

— Elon Musk (@elonmusk) June 1, 2017

Would love to be there this year. If not, definitely next! India

— Elon Musk (@elonmusk) March 15, 2019

Nonetheless, things seem promising since he has been determined to expand Tesla to India for years now and the government is also welcoming of the same (with some conditions). Even Musk agrees that the government's intentions are in the best interest of the country. Let's see how things further unfold. We shall keep you posted on Tesla India news.



from General News https://ift.tt/748Goxf
Labels:

Comments

Post a Comment

Popular posts from this blog

PS5 unboxing videos show how huge the console is

To say that Sony has been a bit coy when it comes to the PlayStation 5 would be a bit of an understatement. The company only recently announced the India pricing of the console and now finally we have unboxings of the console going live and one thing is pretty clear - The console is HUGE!  So what do you get in the box? Well… besides the console itself (and the manuals), you get: DualSense controller USB Type-C charging cable for the controller HDMI 2.1 cable Power cable for the console (no bulky adapter/box) Plastic stand Now the plastic stand is used if you place the console on its side. As there is no flat surface on either side of the console, the stand will ensure that it remains still. But you can also place it when propping up the console vertically. However, it does seem like the PS5 can stand on its own vertically if need be. IGN’s unboxing video gives you a good idea of how to place the stand. All of the unboxing videos mention the size of the console because it is pr...
Post a Comment
Read more

Pixel 4a (5G) Model Tipped in Google Camera v7.5 App Code, Pixel 5 XL May Not Launch This Year: Report

Google Camera app version 7.5 teardown, rolled out for Android 11 beta users, shows mentions of three upcoming Pixel devices - Pixel 4a, Pixel 4a (5G), and Pixel 5, with no reference to the Pixel 5 XL. This hints that Google may be ditching the Pixel 5 XL this year. The codenames of the three upcoming Pixel devices are listed to be sunfish, bramble... from Gadgets 360 https://ift.tt/3gd9bJp
Post a Comment
Read more