Tesla launch in India: Elon Musk shares an update - News Summed Up

Tesla launch in India: Elon Musk shares an update


Musk was replying to a Twitter user, Pranay Pathole, who asked, “Yo @elonmusk any further update as to when Tesla's will launch in India? Tesla wants to begin selling imported cars in India this year but says taxes in the country are among the highest in the world. Musk had said that Tesla wants to launch its cars soon in India, but Indian 'import duties are the highest in the world by far of any large country!' He had also said that a Tesla 'factory in India is quite likely' but at the condition that its imported cars first succeed in the country. India currently demands customs duty ranging between 60 per cent to 100 per cent on imported cars.


Source: Mint January 13, 2022 04:33 UTC



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