NewsElon Musk says Tesla In India Due To 'Challenges With The Government'

Elon Musk says Tesla In India Due To ‘Challenges With The Government’

Elon Musk, CEO of Tesla Motors, said his company is "still working through a lot of challenges with the government".

Tesla cars are the most futuristic car in the world which runs on Battery. And Tesla wants to bring their car to India. Tesla was officially registered in India on 8 January 2021 in Bengaluru, Karnataka as the name of Tesla India Motors And Energy Private Limited.

ALSO READ: Crypto mining in Tesla: Owner Made $800 Per Month for free

Elon Musk has wanted to sell Tesla Inc. cars in India as early as 2019. Three years later, the U.S. electric-vehicle pioneer isn’t really much closer. Recently on Thursday, by a tweet, Elon confirmes that Tesla In India Due To ‘Challenges With The Government’.

Situation of Tesla In India

On 12th January, Pranay Pathole asks Elon Must by tagging on Twitter ‘any further update as to when Tesla’s will launch in India? They’re pretty awesome and deserve to be in every corner of the world!’. As a response, Elon Musk says ‘Still working through a lot of challenges with the government’.

ALSO READ: Tesla market value surpasses $1 trillion for the First Time

In August, Tesla had received approval for four models from India’s testing agencies. The approval did not signify an immediate launch. The company is hoping put lower price tags on its cars, which is otherwise not possible because of high import duties.

Tesla was suffering to bring Tesla cars in India due to Heavy Import Duties. Currently, India imposes 100% duty on fully imported cars with CIF (Cost, Insurance, and Freight) value of more than $40,000.

Tesla In India launch date
IMAGE: MKBHD

A month after the approval, Tesla had taken the request for lowering import taxes to the Prime Minister’s Office, according to Reuters. In October, an Indian minister said he had asked Tesla to avoid selling China-made cars in the country, also urged the automaker to manufacture, sell, and export vehicles from a local factory. Musk has demanded lower taxes so that Tesla can start off by selling their imported vehicles at a cheaper price in a budget-conscious market.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS