Will Tesla’s dream car stay that way for India?
To many it seemed like a dream car to be bought locally, to stay that way because Tesla has stuck to its all-India plan after failing to secure lower import taxes. A Reuters report said the US carmaker had dropped its efforts to find showroom locations and had even re-hired some of its Indian team.
Tesla has been in talks with the Indian government for more than a year because the carmaker wanted to understand the demand by selling fully imported cars at low tariffs. OEM wanted to import electric cars to India from its manufacturing plants in the United States or China. However, the Indian government wanted Nick to promise to make its cars in the country before reducing the Tesla tax.
The company had hoped for some relief from the central budget announced on February 1, but with no tax breaks on the cards, Tesla blocked its plans in India. The electric car maker sought land to open dealerships and service centers in cities like Delhi, Bangalore and Mumbai before sticking to its plans.
The US carmaker initially wanted to take advantage of India’s new EV market as an entrant. When Tesla announced its plans in 2016, Indian customers were excited and some bookings amounted to $ 1000 (Rs. 77,340). However, six years later, it was a dream come true for them. Since the carmaker announced plans for the Model 3, the company has sold 300,000 Model 3s worldwide. For some Indian customers, the hassle is over, but for some, the fight for a return is still going on.
Tesla had earlier received approval from the Indian Ministry of Road Transport and Highways to launch a total of seven models in India, with Model 3 being one of them.
Last year, electric car maker Prashant R. Menon was appointed director of Indian operations and its top management team consisting of names like Manuj Khurana, Sameer Jain, Nishantha, Chitra Thomas, Prashant Menon, Nitika Chabra, Sandeep Pannu, Nithin George Thomas. , Vaibhav Taneja, Venkat Sriram, and David Feinstein.
Interestingly, Prashant Menon, Vaibhav Taneja, and David Feinstein have previously been involved with Tesla in the company’s US operations, while others have been hired from companies such as Volvo, BMW, Porsche, Athar and Reliance. However, after the announcement of his senior management team, Tesla has calmed down.
Later, according to reports, Tesla asked his Indian team to operate in the greater Asia-Pacific market because the Indian government’s position on import tariffs did not achieve the expected results. The report cites that most of Tesla’s Indian employees have moved to Dubai to visit Middle Eastern markets, while Manoj Khurana, who flew to the United States to take on the role of a commodity to ignore policy and business development for Tesla in India.
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