The country in which Tesla cannot sell cars, but only manufactures, refers to attitudes towards the manufacturer

The intention is there. Tesla hopes to put a huge amount of money on the table for India, whenever certain conditions are met. This topic has been recurring for several months. A commercial attraction that represents the eastern country Elon Musk It is undeniable: cheap processing and high interest in electric mobility. However, there are other points that are not so positive and undermine the intentions of the directive.

For months now, there has been speculation that there is a connection between Tesla CEO Elon Musk and his own Indian Prime Minister, Narendra Modi, after years of mutual resentment. In recent talks, it was known that Modi could be open to acquiring a hypothetical Tesla factory, so that the brand could be commercialized in the country without risk, including the huge obstacles that the territory imposes.

Access with conditions

However, Musk ensured that he wanted to test the performance of his brand in this market before investing in the country. With this view in India, the CEO is asking the government to significantly reduce the high taxes on electric vehicles imported from foreign countries. These deposits can be up to 100% of the cost of electric buses that cost more than $40,000, which practically excludes the possibility of their sale. For models with a lower price, this percentage is reduced to 70%.

With this data in hand, as Tesla has confirmed that it will have to limit the imposition of export deposits to at least 30,000 vehicles per year to make its proposed $2,000 million investment in the country. However, current negotiations are close to reducing that number to 12,000 annual registrations, which would significantly reduce Tesla’s announced investment of $500 million.

At the moment, there is no official comment on the matter from the Modi government. However, unofficial sources have been pointed to since the executive branch studied its viability.

So far, it is not completely known what the implementation of this thousand million investment by Tesla would be, although several sources point out that them The proposed $2,000 million would not be enough for construction purposes. Other options indicate that this could be considered more effectively in the part plan or final assembly. In any case, it is clear that Elon Musk wants to invest in India, but not at any cost.