Tesla Executives to Visit India

Tesla has been in talks with India for years, facing challenges due to high import duties. Elon Musk insists on local manufacturing to avoid high costs. Tesla executives are visiting India to negotiate import taxes and explore sourcing components locally. The Indian EV market is small but growing, with potential for Tesla despite high prices. Tesla is also interested in bringing Starlink and solar rooftops to India, though these ventures are separate from the current visit.

What is the main reason for the stalled progress between Tesla and India?

• Competition from local manufacturers

• Lack of interest from Tesla

• High import duties in India

• Insufficient demand for electric vehicles

What is Tesla's strategy to potentially reduce import taxes in India?

• Lower car prices

• Focus on two-wheeler production

• Increase local sourcing

• Partner with local car manufacturers

Why is India considered important in global supply chains?

• It has the most advanced technology

• It offers the cheapest labor

• It has a thriving automobile sector

• It has a large population

What percentage of total car sales in India are electric vehicles?

• 15%

• 2%

• 5%

• 10%

Besides Tesla cars, what other business interest does Elon Musk have in India?

• Space exploration

• Starlink satellite internet

• Hyperloop transportation

• Neuralink brain interfaces