The employment procedure for Elon Musk's tesla has already started in anticipation of the company's impending domestic launch. The base model of tesla would cost between Rs 35 and 40 lakh in the indian market, despite the fact that the import tariff has been lowered to less than 20%.
At the manufacturing level in the United States, the most affordable model of tesla costs $35,000, or Rs 30.4 lakh in indian currency. In india, other expenses like road tax and insurance would raise the price to Rs 35 to 40 lakh even if the import duty will be less than 15% to 20%. According to auto experts, tesla is unlikely to cause a stir in the indian market, even if it sets its base model, the Model 3, 20–25% higher than EVs in the local market.
At the manufacturing level in the United States, the most affordable model of tesla costs $35,000, or Rs 30.4 lakh in indian currency. In india, other expenses like road tax and insurance would raise the price to Rs 35 to 40 lakh even if the import duty will be less than 15% to 20%. According to auto experts, tesla is unlikely to cause a stir in the indian market, even if it sets its base model, the Model 3, 20–25% higher than EVs in the local market.
They believe that since EV adoption is lower in india than it is in nations like China, the US, and Europe, Tesla's arrival would not have a significant impact on automakers' earnings there. In the upcoming months, tesla plans to introduce its models in delhi and Mumbai. A LinkedIn job posting for a Mumbai-based Consumer Engagement Manager revealed that it was hiring.
According to reports, tesla needs to establish a production facility in india in order to expand its business and lower the cost of its vehicles. It should be mentioned that indian consumers are extremely price sensitive, which presents a challenge for Tesla. Tesla may gain an advantage by setting up a local manufacturing facility. If not, lowering import taxes will also prevent the majority of indians from affording the autos.
