Tesla sees the import rates of 100 percent of India in cars that make customers anxious, and the car manufacturer is still evaluating when to enter the “very hot” market even those concerns persist, said its financial director on Tuesday.
Tesla wanted to sell in the third largest car market in the world, but high rates, which is Chief Elon Musk, as are among the most steep in the world, they have been a deterrent element.
Even so, Tesla has ended in the last week a space for the exhibition room in India and has published more than two boxes of boxes, indicating that it is approaching a launch. The personalized registries available commercially show that in March, Tesla imported a model car and India from Germany with a shipping value of $ 46,000.
“” The same is the car we send is 100 percent more extensive than it is. So that creates a lot of anxiety anxiety, people feel good, love’re pay, love’re pay, love too much about the car … That’s why we are very well trying to imagine is the Tanbai Baibe Sai Baibe Sai Baibe Sai Baiby Saibyy Jaibyy Sie Profit called.
“India is a very hot market,” he added.
Tesla published first quarter profits on Tuesday, with a net profit lunch at 71 percent.
Tesla has been pressing India to reduce import tariffs in cars, and prime minister Narendra Modi officials are in conversations with the administration of the president of the United States, Donald Trump, to reduce the taxes of 100 percent under a bilateral commercial agreement.
The United States has asked for the elimination of tariffs on cars, but it is unlikely that New Delhi deplies taxes immediately even when you consider more cuts.
Any tax cut that causes imported cars to be cheaper have seen a strong opposition of local car manufacturers such as Tata Motors and Mahindra and Mahindra.
Musk said this week that he plans to visit India this year, after Modi and the billionaire had a conversation about collaboration in technology and innovation.
Last year, Tesla approached, with Musk planning to visit India, where it was expected to announce an investment of $ 2 billion, $ 3 billion, even in a factory to manufacture EV. But he canceled the trip at the last moment.
Posted on April 23, 2025
