Musk clearly needs to take a relook at his overall India plan
While it could start at a lower base, Tesla would need to agree to ramp up Indian parts purchases by around 10% to 15% a year until a satisfactory level was achieved, says a source
The minister of state for heavy industries also told the Lok Sabha during Question Hour that the company is yet to apply for schemes as per the government's policy
Tesla CEO Elon Musk has confirmed that its electric vehicle company is not working on its previously announced $25,000 electric car right now because it has 'too much on its plate'
No formal announcement yet but the automobile company is anticipated to bring in its competitive Tesla Model 3
But the relation has to be reciprocal. India should gain in terms of investment, employment," the official said
The California-based car producer is currently lobbying for lower taxes on imports as it considers plans to expand into India, one of the world's biggest emerging car markets
Tesla founder Elon Musk said on Saturday that his company wants to launch cars in India, however, the country's import duties on electric vehicles are 'highest in the world by far'
Tesla Inc has written to Indian ministries seeking a big reduction in import duties on electric vehicles, a move it says will boost demand and generate revenue for the government, two sources said
Despite many challenges, Elon Musk-owned EV maker Tesla on Friday announced that it has produced and delivered over 200,000 vehicles in Q2 2021.
Elon Musk's company reportedly recruiting for positions including a head of sales and marketing, and a head of HR
The electric-car maker in Jan registered a local company in India, where it is expected to import and sell the Model 3 sedan by as early as mid-2021, seeking to target rich customers in a niche market
The statement was part of a broader document outlining the highlights of India's budget to its people in the local language of Kannada
Despite several attempts in the past to launch Tesla cars for the Indian roads, Elon Musk has yet to inaugurate a Tesla showroom in the country
Porsche and Mercedes-Benz are also joining Formula E for the 2019-2020 season to help generate buzz for the new all-electric models they have coming out
Getting car parts, competitive pricing will be other challenges, say industry experts
Cars being sold in India through single-brand retail trading route will have to comply with 30% local sourcing
Tesla Motors in talks with India for temporary relief on importing high-end electric cars