Why Tesla hasn’t set up shop in India yet

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Why Tesla hasn’t set up shop in India yet

Despite seeking a toehold in the Indian electric vehicle (EV) market over the past three years, Elon Musk’s Tesla hasn’t been successful. The impasse between prime minister Narendra Modi’s government and Tesla over import duties and local manufacturing is heading for a dead-end, according to news agency Reuters. Quoting anonymous people with the knowledge of the matter, Reuters, on Jan. 20, reported that the Modi government is unconvinced by “Tesla’s lobbying as the company has not yet shared any firm plan to invest in the country.”