Responding to a tweet regarding Tesla opening a factory in India, CEO Elon Musk replied he has a condition. The automobile giant can open a factory in India but on one condition. What is that condition? Is it an easy one or a really tough one? Here’s what you need to know.
Elon Musk Hints About Opening a Tesla Manufacturing in India
Tesla CEO Elon Musk said that he might open a manufacturing factory in India but on one condition. Responding to a tweet regarding opening a manufacturing unit in India, the CEO replied that he has a condition. Moreover, he said that he has made certain plans regarding opening a factory in India. But he has one simple condition.
Factory Possible Only if Vehicles Receive a Good Response in India
CEO Elon Musk said that in order to open a manufacturing factory in India, Tesla should pick up a good market in the country. Opening a factory in India is only possible if the company’s electric cars receive a good response in India. Recently, Elon Musk launched the company’s showroom in India in Bengaluru, making it the first showroom of the company in India. However, at that time, he did not have any plans to establish a manufacturing factory in India. Musk responded to the tweet and said that if imported cars receive a good response in India, he might consider opening a manufacturing factory.
What are the Issues that are Stopping Musk from Establishing a Factory?
Recently, Elon Musk discussed the issues he’s facing in bringing Tesla to India. He tweeted that India’s import duty is the highest in the world for a large country. That’s one issue he is facing in launching a manufacturing factory in India. Secondly, there are no additional benefits for clean energy vehicles in India. Moreover, he said that electric vehicles are treated the same way as diesel and petrol vehicles in the country. Besides that, Musk claimed that the high tax rates do not align with India’s climate goals. Henceforth, these are several problems that Musk is facing in order to open a manufacturing factory in India.
Hopefully, India Gets a Tesla Manufacturing Factory Soon
Tesla has recently entered India and opened a showroom in Bengaluru, Karnataka. However, we hope that the company considers opening a manufacturing factory in the country as soon as possible. Analyzing Musk’s tweets, we can figure out, that he considers opening a factory in India. Until then, you can have a look at Tesla’s official website.