Skip to content
Search

Latest Stories

Tesla won't manufacture in India unless allowed to sell, service cars: Elon Musk

In August last year, Mr. Musk had said Tesla may set up a manufacturing unit in India if it first succeeds with imported vehicles in the country.

Tesla won't manufacture in India unless allowed to sell, service cars: Elon Musk

American electric carmaker Tesla, which has been seeking reduction in import duties to sell its vehicles in India, will not manufacture its products locally unless it is allowed to first sell and service its cars in the country, company founder and chief executive Elon Musk has said.

In a tweet responding to a user asking about Tesla setting up a manufacturing plant in India, he said, "Tesla will not put a manufacturing plant in any location where we are not allowed first to sell & service cars."

Last month, Union Road Transport and Highways Minister Nitin Gadkari had said if Tesla was ready to manufacture its electric vehicles in India then there was 'no problem' but the company must not import cars from China.

In August last year, Mr. Musk had said Tesla may set up a manufacturing unit in India if it first succeeds with imported vehicles in the country.

He had said Tesla wanted to launch its vehicles in India "but import duties are the highest in the world by far of any large country!"

Currently, India imposes 100% import duty on fully imported cars with CIF (Cost, Insurance and Freight) value more than USD 40,000 and 60% on those costing less than the amount.

More For You

Cars
Will UK-built cars become less attractive overnight in Europe?
iStock

Will UK-built cars become less attractive overnight in Europe?

  • UK-built cars risk losing access to key EU incentives
  • Company fleets, 60 per cent of market, could drive shift
  • £70 billion UK–EU auto trade faces fresh pressure

UK-built cars could quietly become less competitive in Europe if new EU proposals move ahead, raising concerns across Britain’s automotive sector about how quickly buyer preferences might shift.

Under the EU’s proposed Industrial Accelerator Act, only vehicles and parts classified as ‘made in Europe’ would qualify for incentives such as state-backed grants, company car tax benefits and additional CO2 credits. As it stands, cars manufactured in the UK would be excluded.

Keep ReadingShow less