Reported 1 day ago
Tesla has officially launched in India with its Model Y priced around $70,000 due to high import tariffs, marking a strategic yet cautious entry into a market with significant growth potential. Despite the steep price tag that limits initial sales prospects, the company sees a future driven by India's growing middle class. Tesla is considering potential manufacturing opportunities in India amidst ongoing trade negotiations, while local automakers welcome the competition that Tesla brings to the rapidly evolving electric vehicle market.
Source: YAHOO