Tag Archives: Tesla in India

Tesla’s first retail location is scheduled to open in Mumbai by mid July. (AI image) Elon Musk-led Tesla plans to inaugurate its first showrooms in India this July, according to informed sources, marking its official entry into the world’s third-largest car market, as the company seeks expansion amidst declining sales in European and Chinese markets.The company’s first retail location is …

VinFast, which continues to operate at a loss, had previously concentrated on American expansion. (File photo) Elon Musk-led Tesla’s rival VinFast, the Vietnamese electric vehicle manufacturer, intends to establish vehicle assembly facilities in India by June’s end and in Indonesia in October. Pham Nhat Vuong, the CEO of VinFast made this announcement on Thursday signalling the company’s strategic pivot towards …

Tesla is likely to source essential vehicle control components from Tata Electronics. (AI image) Several Tata Group companies have silently established themselves as global suppliers to Elon Musk-led Tesla, which represents approximately half of the global automotive industry’s market value. These companies – Tata AutoComp, Tata Consultancy Services, Tata Technologies, and Tata Electronics – are positioning themselves for expanded opportunities …

India currently imposes import duties of up to 110% on vehicles, which Tesla’s CEO Elon Musk has publicly criticised. (AI image) Elon Musk’s Tesla cars in India: Donald Trump-led US government is seeking India’s agreement to remove tariffs on automobile imports as part of a proposed bilateral trade agreement. However, India is hesitant to immediately reduce such duties to zero, …