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Friday, May 03 2024
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Elon Musk’s Tesla Targets Showrooms in India

Tesla
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According to a report, the US automaker Tesla, led by billionaire Elon Musk, is considering a number of locations in Mumbai and New Delhi for its first showrooms. This was made public shortly before Musk travels to India, where he is scheduled to meet with Prime Minister Narendra Modi.

According to two sources cited by Reuters, the electric carmaker intends to begin sales in India later this year, so the showrooms should be ready soon.

The source also disclosed the showroom’s dimensions, stating that the business intends to begin with a space that is between 3,000 and 5,000 square feet (280–465 square meters). Every city will additionally have a service hub.

Notably, Tesla has already started producing cars (right-hand drive) at its plant in Germany and these will be exported to India.

This comes quickly in the wake of the government cutting electric vehicle import taxes to 15% from as much as 100% last month. However, this is for only those automakers that are ready to invest at least $500 million and set up a manufacturing facility here.

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