Tesla 'quite likely' to build factory in India, says Elon Musk

Elon Musk sees a possibility of Tesla factory in India if the imported cars are able to succeed.Musk also hopes for temporary tariff relief for electr
Elon Musk sees a possibility of Tesla factory in India if the imported cars are able to succeed.
Elon Musk sees a possibility of Tesla factory in India if the imported cars are able to succeed.

Tesla Inc is likely to launch in the Indian market soon. The company has also recently written to Indian ministries seeking a reduction in import duties on electric vehicles (EVs) in a bid to promote the sales of its electric cars in India.

Now, replying to the popular Indian Youtuber Madan Gowri on Twitter, the company CEO Elon Musk has said that Tesla 'factory in India is quite likely' but at the condition that its imported cars first succeed in the country.

Also check these Vehicles

Find more Cars
Tesla Model S (HT Auto photo)
BatteryCapacity Icon75 kWh Range Icon396 km
₹70 Lakhs - 1 Cr
Alert Me When Launched
Tesla Model 3 (HT Auto photo)
BatteryCapacity Icon82kWh Range Icon 555 km
₹ 70 - 90 Lakhs
Alert Me When Launched
Benling India Believe (HT Auto photo)
BatteryCapacity Icon3.2 kWh Range Icon120 km
₹ 1.26 Lakhs
Benling India Benling Kriti (HT Auto photo)
Range Icon60 km/charge
₹ 56,940 - 66,121
View Offers
Benling India Benling Aura (HT Auto photo)
Range Icon120 Km/charge
Benling India Benling Falcon (HT Auto photo)
Range Icon75 km/charge
₹ 62,200 - 71,248
View Offers

Also Read : Tesla urges Centre to reduce import duties on its electric cars for India

Here's what Musk said:

In another Tweet, Musk can also be seen hoping for a 'temporary tariff relief for electric vehicles' while replying to one of his followers' tweets. The billionaire 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!'

The American electric vehicle maker aims to begin sales in India this year, as per a letter to ministries and the country's leading think-tank Niti Aayog that reducing federal taxes on imports of fully assembled electric cars to 40% would be more appropriate, suggest sources.

For the record, currently, India imposes 100% import duty on fully imported cars with CIF (Cost, Insurance and Freight) value over $40,000, while 60% duty is imposed on cars that cost less than the amount.

Also Read : Tesla adds Hindi to its interface, hints at imminent India launch

Previously, Tesla registered a local company in India earlier this year. It has also ramped up hiring to administer the Indian operations.

First Published Date: 24 Jul 2021, 16:05 PM IST

Check Latest Offers

Please provide your details to get Personalized Offers

Choose city
+91 | Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.