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Tesla’s First EV Shipments Reportedly Expected at Mumbai Port Soon; Initial Sales in Bengaluru, Delhi, and Mumbai
Tesla is gearing up to make its long-awaited entry into India's electric vehicle (AI) market after years of dealing with hurdles related to localised factory investments, regulations, and high import taxes. Now, a report suggests that the initial batch of the Tesla cars, consisting of a few thousand units, will be arriving at the Mumbai port in the...
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Explained: Why Elon Musk Wants To Launch Tesla In IndiaÂ
Elon Musk's push to bring Tesla to India comes amid the EV giant's mounting global challenges - shrinking profit margins, slowing sales, and tough competition from Chinese automakers.
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Tesla Picks Showroom Sites In Delhi, Mumbai For India Sales: Report
Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, sources said.
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Tesla Said to Have Restarted Search for New Delhi Showroom with DLF
Tesla, which had paused its search for a showroom in India in recent months, is now in early-stage talks with DLF to help secure space in the capital region, said the two sources, who have direct knowledge of the situation.
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Tesla, Starlink, X: What Is On Agenda For Elon Musk's India Trip
Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world's most populous nation, with electric carmaker Tesla -- suffering a sales downturn in the United States -- reportedly scouting factory locations.
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How Tesla Can Reach $3.6 Billion In Revenue From EV Sales In India By 2030
With Tesla CEO Elon Musk confirming his first-ever India visit to meet PM Modi later this month and announce key investments in the electric vehicle space, industry experts said the country could grow into a considerable market for him.
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Vietnam's VinFast Seeks EV Import Duty Cut as Plant Construction Starts in India
Vietnamese electric vehicle maker VinFast has asked India to reduce import duties on its cars for about two years so customers can get familiar with its products while a local manufacturing plant comes on stream, an executive said on Sunday.
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Mahindra Calls for EV Level Playing Field Amid Tesla's India Entry Plans
Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla.
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Indian-Origin Vaibhav Taneja Named New Tesla CFO as Zachary Kirkhorn Steps Down
Tesla's finance chief Zachary Kirkhorn has stepped down after four years in the role, the world's most valuable automaker said and named accounting head Vaibhav Taneja in his place, sending shares down more than 3 percent on Monday. During his tenure, Tesla posted its first quarterly profit after it launched the mass-market Model 3 compact sedan.
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Tesla Said to Have Proposed to Set Up Unit in India for Domestic Sale, Export
Tesla has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, according to a source with direct knowledge of the matter. Tesla met officials from Modi's office and other ministries on Wednesday, said the person and another source familiar with the matter.
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Fisker to Sell Electric SUV in India Starting July Next Year, Plans to Manufacture Locally
US startup Fisker will begin selling its Ocean electric sport-utility vehicle (SUV) in India next July. It could gradually begin manufacturing its cars locally within a few years. Fisker rival Tesla put its India entry plans on hold after failing to secure a lower import tariff for its cars. Like Fisker, it first wanted to import vehicles to test ...
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Tesla Rules Out Manufacturing Or Even India Entry Without Sops
Responding to a Twitter user, Tesla CEO Elon Musk, said that Tesla will not put up a manufacturing unit in any location unless it is allowed to sell and service cars first. But the Indian govt. hasn't stopped the company from selling fully imported cars in India.
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Tesla Puts India Entry Plan On Hold After Deadlock On Tariffs: Report
Tesla Inc has put on hold plans to sell electric cars in India, abandoned a search for showroom space and reassigned some of its domestic team after failing to secure lower import taxes, three people familiar with the matter told Reuters.
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Tesla Importing Cars From China For Sale in India Not a Good Proposition: Nitin Gadkari
Tesla welcome to set up shop in India, make cars locally for sale and export them, but must not import cars from China, said transport minister Nitin Gadkari.
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Tesla Should Not Import Cars From China For Domestic Sale: Nitin Gadkari
Union Minister for Road Transport and Highways, Nitin Gadkari, has said that Tesla Inc is welcome to set up shop in India, make cars there for sale and export them, but must not import cars from China.
-
Tesla’s First EV Shipments Reportedly Expected at Mumbai Port Soon; Initial Sales in Bengaluru, Delhi, and Mumbai
Tesla is gearing up to make its long-awaited entry into India's electric vehicle (AI) market after years of dealing with hurdles related to localised factory investments, regulations, and high import taxes. Now, a report suggests that the initial batch of the Tesla cars, consisting of a few thousand units, will be arriving at the Mumbai port in the...
-
Explained: Why Elon Musk Wants To Launch Tesla In IndiaÂ
Elon Musk's push to bring Tesla to India comes amid the EV giant's mounting global challenges - shrinking profit margins, slowing sales, and tough competition from Chinese automakers.
-
Tesla Picks Showroom Sites In Delhi, Mumbai For India Sales: Report
Tesla has selected locations for two showrooms in the Indian cities of New Delhi and Mumbai, moving closer to its long-delayed plans to sell its electric cars in the country, sources said.
-
Tesla Said to Have Restarted Search for New Delhi Showroom with DLF
Tesla, which had paused its search for a showroom in India in recent months, is now in early-stage talks with DLF to help secure space in the capital region, said the two sources, who have direct knowledge of the situation.
-
Tesla, Starlink, X: What Is On Agenda For Elon Musk's India Trip
Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world's most populous nation, with electric carmaker Tesla -- suffering a sales downturn in the United States -- reportedly scouting factory locations.
-
How Tesla Can Reach $3.6 Billion In Revenue From EV Sales In India By 2030
With Tesla CEO Elon Musk confirming his first-ever India visit to meet PM Modi later this month and announce key investments in the electric vehicle space, industry experts said the country could grow into a considerable market for him.
-
Vietnam's VinFast Seeks EV Import Duty Cut as Plant Construction Starts in India
Vietnamese electric vehicle maker VinFast has asked India to reduce import duties on its cars for about two years so customers can get familiar with its products while a local manufacturing plant comes on stream, an executive said on Sunday.
-
Mahindra Calls for EV Level Playing Field Amid Tesla's India Entry Plans
Indian automaker Mahindra & Mahindra has told the government there must be a level playing field between domestic and foreign players and local manufacturing must be promoted, a top executive said, as New Delhi seeks to lure carmakers such as Tesla.
-
Indian-Origin Vaibhav Taneja Named New Tesla CFO as Zachary Kirkhorn Steps Down
Tesla's finance chief Zachary Kirkhorn has stepped down after four years in the role, the world's most valuable automaker said and named accounting head Vaibhav Taneja in his place, sending shares down more than 3 percent on Monday. During his tenure, Tesla posted its first quarterly profit after it launched the mass-market Model 3 compact sedan.
-
Tesla Said to Have Proposed to Set Up Unit in India for Domestic Sale, Export
Tesla has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, according to a source with direct knowledge of the matter. Tesla met officials from Modi's office and other ministries on Wednesday, said the person and another source familiar with the matter.
-
Fisker to Sell Electric SUV in India Starting July Next Year, Plans to Manufacture Locally
US startup Fisker will begin selling its Ocean electric sport-utility vehicle (SUV) in India next July. It could gradually begin manufacturing its cars locally within a few years. Fisker rival Tesla put its India entry plans on hold after failing to secure a lower import tariff for its cars. Like Fisker, it first wanted to import vehicles to test ...
-
Tesla Rules Out Manufacturing Or Even India Entry Without Sops
Responding to a Twitter user, Tesla CEO Elon Musk, said that Tesla will not put up a manufacturing unit in any location unless it is allowed to sell and service cars first. But the Indian govt. hasn't stopped the company from selling fully imported cars in India.
-
Tesla Puts India Entry Plan On Hold After Deadlock On Tariffs: Report
Tesla Inc has put on hold plans to sell electric cars in India, abandoned a search for showroom space and reassigned some of its domestic team after failing to secure lower import taxes, three people familiar with the matter told Reuters.
-
Tesla Importing Cars From China For Sale in India Not a Good Proposition: Nitin Gadkari
Tesla welcome to set up shop in India, make cars locally for sale and export them, but must not import cars from China, said transport minister Nitin Gadkari.
-
Tesla Should Not Import Cars From China For Domestic Sale: Nitin Gadkari
Union Minister for Road Transport and Highways, Nitin Gadkari, has said that Tesla Inc is welcome to set up shop in India, make cars there for sale and export them, but must not import cars from China.
