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Tesla, one of the world’s leading electric car companies, has been looking for an entry in the Indian market for a long time. After about a year, the speculations about Tesla’s entry in India have started intensifying again. This time only one step of Tesla CEO Elon Musk is giving credence to the speculations.
Due to this speculation intensified
In fact, Elon Musk, one of the richest people in the world, tweeted on Twitter. Narendra Modi Started following (PM Narendra Modi). PM Modi is the fourth such world leader whom Musk follows on Twitter. Before Modi, Musk is following British Prime Minister Rishi Sunak (UK PM Rishi Sunak), former US President Barak Obama and French President Emmanuel Macron.
Musk most popular on Twitter
Now Twitter has also become Elon Musk’s company. He has been very popular on the micro blogging site even before this. Musk follows only 194 people on Twitter, while his own list of followers is quite long. He is on the first position in this matter with 134.3 million followers. At number two is Barack Obama, who was left behind by Musk almost a year ago. At the same time, PM Modi is also one of the most popular users of Twitter with 87.7 million followers.
people started doing such things
As soon as the information about PM Modi being followed by Musk on Twitter came to the fore, people started linking it with Tesla’s possible entry in India. Many users started saying that Tesla can set up a factory in India. This is not the first time that speculations are being made about Tesla’s possible entry in India. However, there are still many hurdles in this path.
Tesla is making this demand
Musk’s company Tesla wants to import its vehicles in India first and for this it is demanding tax exemption. Musk says that he will first import Tesla in India and only after that it can be thought of setting up a factory in India. On the other hand, the Government of India has been continuously saying that instead of importing, the company should manufacture vehicles at the local level.
Such is the attitude of the Government of India
Right now Tesla manufactures its vehicles in Germany and China apart from America. The company imports from the factory in China to the Asian and European markets. The Government of India clearly says that instead of dumping Made in China vehicles in India, Tesla should consider setting up a factory here. The Government of India currently imposes 100 per cent duty on the import of fully finished electric vehicles. Due to this, the price of such vehicles directly doubles. At the same time, there is a duty of 15 to 30 percent on the import of parts of electric vehicles.
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