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<keyword id="2785876" type="PERSON" weightage="20" keywordseo="Tesla-CEO-Elon-Musk">Tesla CEO Elon Musk</keyword> on Monday further revealed plans for the India entry of the <keyword id="2604065" type="PERSON" weightage="20" keywordseo="electric-car-maker">electric car maker</keyword>, saying the process to bring <keyword id="107096" type="PERSON" weightage="20" keywordseo="Tesla">Tesla</keyword> cars to India will begin in January 2021. Earlier this month, Musk said the electric car maker is finally ready to enter the India market next year. Reacting to a tweet by <keyword id="10097105" type="COMPANY" weightage="20" keywordseo="tesla-club-india">Tesla Club India</keyword> that is there a India team working on the next year for sure scheduled Tesla entry, Musk said: "Will release order configurator probably in Jan". It means that Tesla sales teams are working on building custom sales and production orders for the India market, ensuring orders are complete and validated once the configuration is finished. The move will also open India to select as one of the countries where Tesla cars can be purchased. However, whether Musk will announce a Tesla plant in India to push Prime Minister Narendra Modi's domestic manufacturing dream or source them from other facilities (Gigafactory in Shanghai, China is the nearest one) is not yet clear. Earlier, Musk revealed his plans to bring Tesla cars to India in his response to a Twitter post that asked about the progress on Tesla's planned entry into India. "Next year for sure," Musk said in response to the tweet that posted pictures of T-shirts with "India wants Tesla" and "India loves Tesla" printed on them. "Thanks for waiting," he added. On several occasions earlier, Musk had revealed that he would like to bring Tesla to India, but in a 2018 Twitter post, he cited "some challenging government regulations" as a hurdle. He also criticised the foreign direct investment norms for the delay in the electric car maker's entry into the Indian market. "Would love to be in India. Some challenging government regulations, unfortunately," Musk had tweeted in response to a Twitter user who wrote "No Tesla in India" on his Twitter handle. In July this year, he hinted at allowing Tesla's Indian fans to drive an electric Model 3 "hopefully soon". However, the new tweets give a more definitive timeline of Tesla's entry into India. This comes at a time when India is ramping up charging infrastructure for electric vehicles with the aim of significantly increasing the proportion of electric vehicles plying on the roads. In 2015, Modi visited Tesla headquarters at Palo Alto, California and met Musk who gave Modi a tour of the company's electric car plant. Tesla has not launched any of its electric cars in India or any other country in South Asia yet. The only Asian market where Tesla has a presence is China. --IANS na/

Elon Musk's Tesla working on India entry—process to commence in January

San Francisco, July 12 (IANS) After several attempts in the past to launch Tesla cars for the Indian roads, <keyword id="6355315" type="UNKNOWN" weightage="20" keywordseo="elon-musk">Elon Musk</keyword> is yet to inaugurate a Tesla showroom in India. However, he has once again hinted to let his Indian fans drive an electric Model 3 "hopefully soon". In response to a query by a follower who booked the car four years ago, Musk replied that the "launch should hopefully happen soon". "Dear @elonmusk. When is the Tesla3 expected in India? Booked over 4 years ago!!" asked Arvind Gupta. "Sorry, should hopefully be soon!" replied Musk. Musk has been moving back and forth on his India dream for couple of years. He has blamed the Indian government's policies for giving up on his India dreams. He also criticised the FDI norms for the delay in the electric car maker's entry into the Indian market. "Would love to be in India. Some challenging government regulations, unfortunately," Musk had tweeted in response to a Twitter user who wrote "No Tesla in India" on his Twitter handle. Tesla's Indian-origin Chief Financial Officer Deepak Ahuja announced his retirement from the firm last year, bringing Musk's India dream to a halt again. Tesla was expected to enter India with the Model 3 that sells for nearly $35,000. In 2015, Prime Minister Narendra Modi visited Tesla headquarters at Palo Alto, California and met Musk who gave Modi a tour of the company's electric car plant. Tesla has not launched any of its electric cars in India or any other country in South Asia yet. The only Asian market where Tesla has a presence is China.

Tesla Model 3 could launch soon in India, says Elon Musk

<keyword id="156689" type="COMPANY" weightage="100" keywordseo="Tesla-Motors">Tesla Motors</keyword> Inc. has chosen Shanghai as the location of its production base in China, says <a href="http://www.bloomberg.com/news/articles/2016-06-20/shanghai-said-to-be-front-runner-for-tesla-china-production-site">a report from Bloomberg</a>, which also states that it might invest about $9 billion in the country. 
 
A Shanghai government-owned company called Jinqiao Group has signed a non-binding MoU with Tesla to build its production facilities in the municipality, as per a person aware of the matter who requested anonymity. 
 
As per the report, each party might be investing about 30 billion yuan ($4.5 billion) in the partnership, and Jinqiao will put up land for most of its share. Cities of Suzhou and Hefei are participating for the investment from Tesla. 
 
"This would be a major win for Tesla and Shanghai," said Steve Man, an auto analyst at Bloomberg Intelligence. "The investment will probably include a nationwide dealership network, superchargers, R&amp;D center and potentially a second 'Gigafactory."' 
 
By manufacturing in China, Alto, California-based Tesla will be able to avoid a 25% import levy, which would make its electric vehicles more competitive against luxury-brand rivals like BMW and Audi. Shanghai, which is one of the major auto manufacturing hubs in China, also serves as a financial center and sea port. 
 
In the past, several global automakers have set up manufacturing plants in China via JVs, owning up to 50% stake. While Ford Motor Co. partnered with Changan Group in the southwestern municipality of Chongqing, Hyundai Motor Co. works with BAIC Group in Beijing; similarly, Nissan Motor Co.'s China venture is based in Wuhan. 
 
<a href="http://images.bidnessetc.com/img/tesla-motors-inc-to-miss-annual-sales-guidance-amid-china-weakness-more-top.jpg">Image source</a>

Tesla Motors to set up manufacturing base in China

New Delhi, Oct 2 (IANS) Tesla CEO Elon Musk said on Friday that the electric car maker is finally ready to enter the India market in 2021. Musk revealed his plans to bring Tesla cars to India in his response to a Twitter post that asked about the progress on Tesla's planned entry into India. "Next year for sure," Musk said in response to the tweet that posted pictures of T-shirts with "India wants Tesla" and "India loves Tesla" printed on them. "Thanks for waiting," he added. On several occasions earlier, Musk had revealed that he would like to bring Tesla to India, but in a 2018 Twitter post he cited "some challenging government regulations" as a hurdle. He also criticised the foreign direct investment norms for the delay in the electric car maker's entry into the Indian market. "Would love to be in India. Some challenging government regulations, unfortunately," Musk had tweeted in response to a Twitter user who wrote "No Tesla in India" on his Twitter handle. In July this year, he hinted at allowing Tesla's Indian fans to drive an electric Model 3 "hopefully soon". In response to a query by a follower who booked the car four years ago, Musk replied that the "launch should hopefully happen soon". However, Friday's tweet gives a more definitive timeline of Tesla's possible India entry. This comes at a time when India is ramping up charging infrastructure for electric vehicles with the aim of significantly increasing the proportion of electric vehicles plying on the roads. In 2015, Prime Minister Narendra Modi visited Tesla headquarters at Palo Alto, California and met Musk who gave Modi a tour of the company's electric car plant. Tesla has not launched any of its electric cars in India or any other country in South Asia yet. The only Asian market where Tesla has a presence is China. --IANS gb/bg

Tesla coming to India next year, says Elon Musk

Elon Musk-owned electric vehicle company Tesla has received approval for three more trims of its electric vehicles in India, bringing the total to seven versions approved in the country, media reports said. <keyword id="2604827" type="General" weightage="20" keywordseo="Tesla-India" source="Orion">Tesla India</keyword> received approval for three more vehicles in the country, citing information from the Ministry of Road Transport and Highways, Teslarati reported on Monday. In August, Tesla received homologation certificates for four of its car models. With three more certificates, the electric vehicle maker now has seven vehicles approved in India. The precise Tesla variants that received approval have not been specified. However, there have been sightings of Model 3s and <keyword id="9654556" type="General" weightage="20" keywordseo="model-ys" source="Orion">Model Ys</keyword> on Indian roads, the report said. The latest three vehicles with homologations certificates have not been named either, it added. A few Tesla test units have been regularly navigating through local roads in India. Still, the US-based EV maker has yet to make any serious moves toward local production. Earlier this year, <keyword id="364027" type="General" weightage="100" keywordseo="musk" source="Orion">Musk</keyword> noted that a Tesla factory in India might be possible if Tesla were to succeed with imported vehicles. As per the report, some sources stated that Tesla requested to reduce the import duties of vehicles sent to India by at least 40 per cent, which could help the US company test demand in the country. However, governing officials stated that there is zero chance for a single company, like Tesla, to receive specific incentives. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/upcoming-electric-cars-and-suvs-in-2022-in-india/slidelist/88275040.cms">Top EVs to watch out for in 2022: From Mahindra eKUV100, Tata Nexon EV to Volvo XC40 Recharge</a> <a href="https://www.businessinsider.in/business/auto/news/new-electric-scooter-bounce-infinity-launched-in-india/slidelist/88050215.cms">Bounce Infinity electric scooter launched — Here are the details on price, range, subsidies and more</a>

Elon Musk's Tesla receives approval for seven EV variants in India

<ul class="summary-list"><li>Tesla hasn't engaged with India's government since Elon Musk canceled his trip in April, per Bloomberg.</li><li>Tesla was initially planning to build a new factory in India but seems to have shifted its focus.</li></ul>India may no longer be a priority for <a target="_blank" href="https://www.businessinsider.com/tesla">Tesla</a> and its CEO <a target="_blank" href="https://www.businessinsider.com/elon-musk">Elon Musk</a>.The mercurial billionaire's team hasn't engaged with the country's officials since he <a target="_blank" href="https://www.businessinsider.com/elon-musk-cancels-trip-to-india-tesla-layoffs-struggles-2024-4">canceled his trip to India</a> in April, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-07-04/india-s-hopes-for-tesla-investment-cool-as-musk-ceases-contact">reported</a> on Thursday, citing people familiar with the matter."Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting later this year," Musk <a target="_blank" href="https://x.com/elonmusk/status/1781541775183610310">said</a> in an X post on April 20.Bloomberg's sources also said India's government doesn't expect Tesla to make any investments anytime soon as the company is experiencing capital issues.Tesla and India's heavy industry, finance, and commerce ministries did not respond to the outlet's requests for comment.The report comes as a surprise, considering Tesla has <a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-build-india-factory-import-taxes-electric-vehicles-2021-7">long been eyeing India</a> as a potential area for expansion.In April, Reuters <a target="_blank" href="https://www.reuters.com/business/autos-transportation/teslas-musk-likely-unveil-2-3-bln-india-investment-during-visit-sources-say-2024-04-17/">reported</a> that the EV giant was planning to build a new factory in India as part of a $2 to $3 billion investment into the country. Musk was expected to announce the expansion plans during his planned visit to India.But Musk did still end up traveling to another Asian country in April. The Tesla CEO made a <a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-china-visit-self-driving-autonomous-electric-cars-2024-4">surprise trip to China</a> just a week after scrapping his trip to India, where he met the country's second-highest-ranking politician, <a target="_blank" href="https://www.businessinsider.com/li-qiang-china-2nd-most-powerful-man-shanghai-lockdowns-2022-11">Li Qiang</a>.The trip was fruitful for Musk, who has advertised his ambitions of <a target="_blank" href="https://www.businessinsider.com/elon-musk-hawks-optimus-robot-in-attempt-to-resuscitate-tesla-2024-4">turning Tesla into a leading AI and robotics company</a>. According to a Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-04-29/tesla-clears-key-china-fsd-hurdle-with-baidu-mapping-deal">report</a> in April, Chinese officials gave their in-principle approval for Tesla to roll out its Full Self-Driving technology in the country.That said, India probably hasn't entirely fallen off of Musk's radar.Musk congratulated India's Prime Minister Narendra Modi on his government's electoral victory at the country's general elections. The pair had last met in New York in June 2023."Congratulations Narendra Modi on your victory in the world's largest democratic elections! Looking forward to my companies doing exciting work in India," Musk <a target="_blank" href="https://x.com/elonmusk/status/1799119259177488540">wrote</a> in an X post on June 7.Representatives for Tesla and India's commerce ministry didn't immediately respond to requests for comment from BI sent outside regular business hours.

Elon Musk is giving India the cold shoulder and ghosting officials on Tesla investments

<ul class="summary-list"><li><keyword id="11897862" type="UNKNOWN" weightage="60" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> said <keyword id="11900744" type="UNKNOWN" weightage="60" keywordseo="tesla" source="Orion">Tesla</keyword> is working through "a lot of challenges" with the Indian government.</li><li><keyword id="11892747" type="UNKNOWN" weightage="60" keywordseo="india" source="Orion">India</keyword> is the world's fifth-largest auto market and represents a huge opportunity for Tesla. </li></ul>Elon Musk said Tesla is "still working through a lot of challenges" with the Indian government before launching an operation there.The Tesla CEO was responding to a tweet asking when the company would launch in the country.Tesla is lobbying the Indian government to slash import taxes on EVs before it agrees to start selling in the market.India's <a href="https://economictimes.indiatimes.com/industry/renewables/tesla-lobbies-modis-office-in-india-to-slash-taxes-before-it-enters-market-sources/articleshow/87167444.cms?from=mdr">import taxes</a> on <keyword id="11897958" type="UNKNOWN" weightage="60" keywordseo="electric-vehicles" source="Orion">electric vehicles</keyword> are 60% on EVs that cost $40,000 or less and 100% on those above $40,000.In a <a href="https://twitter.com/elonmusk/status/1418656085267865602?s=20">tweet</a> last July, Musk said that India's import duties are "the highest in the world by far of any large country!"The Indian government has rejected Musk's claims on Twitter, <a href="https://www.businesstoday.in/latest/corporate/story/breaking-elon-musk-trying-to-put-pressure-reduce-import-duty-on-tesla-say-govt-sources-318925-2022-01-13">BusinessToday</a> reported. Sources told the Indian news outlet that Musk is trying to pressure the government via social media and that the electric vehicle maker wants lower import taxes without committing to production in the country.The Indian EV market is still in its infancy, but the government is aiming for at least <a href="https://www.reuters.com/article/india-autos-electric-idCNL4N2RA1YO">65% of all new vehicle sales</a> to be electric by 2030.As the world's second-most populous nation, India's auto market — now the world's fifth-largest — is expected to grow on the back of a burgeoning tech-savvy middle class, presenting potentially colossal growth opportunities for carmakers.Last January, Tesla registered Tesla Motors India and Energy Private Limited in Bengaluru. It had planned to start by importing and selling the Model 3 sedan, <a href="https://www.reuters.com/article/india-tesla-minister-exclusive/exclusive-india-woos-tesla-with-offer-of-cheaper-production-costs-than-china-idUSKCN2AU1AS">Reuters</a> reported, citing sources familiar with the matter.But the government wants Tesla to produce its cars in India instead — and the country's transport minister told Reuters it was prepared to offer Tesla incentives to do so.Musk later said on <a href="https://www.businessinsider.com/elon-musk-tesla-build-india-factory-import-taxes-electric-vehicles-2021-7">Twitter</a> that Tesla was "quite likely" to build an EV factory in India — but only if it could import completed vehicles at lower tax rates.The Indian government has already approved seven Tesla EV variants, <a href="https://www.businessinsider.in/business/auto/news/elon-musks-tesla-receives-approval-for-seven-ev-variants-in-india/articleshow/88276287.cms">Business Insider India</a> reported last month.It's not just Tesla — Musk's SpaceX has also been facing problems in India. <a href="https://www.businessinsider.com/spacex-starlink-india-no-licence-operate-government-2021-11">In November,</a> Indian lawmakers said the company's Starlink internet service did not have a license to operate in the country. The company was then ordered to refund customer deposits for pre-orders, the <a href="https://economictimes.indiatimes.com/industry/telecom/telecom-news/musks-spacex-starts-refunding-99-deposits-to-indians-who-pre-booked-starlink/articleshow/88688203.cms">Economic Times</a> reported.

Elon Musk says Tesla is still working through 'a lot of challenges' with the Indian government as it looks to launch in the country

<ul><li>A twitter post from <keyword id="6355315" type="PERSON" weightage="20" keywordseo="elon-musk">Elon Musk</keyword> revealed that Tesla plans on having ‘partial presence’ in India by importing completely-built-up (CBU) cars. </li><li>Tesla’s expansion into India is a part of the company’s larger plan to expand into Eastern Europe, China and Japan. </li><li>As per Musk’s previous tweets, he wanted Tesla’s Indian debut to be with Model 3 — the most affordable car produced by the company so far. </li></ul>After months of anticipation, Elon Musk asserted that the luxurious car manufacturer is mulling over having a ‘partial presence’ in India in a recent tweet. 
 
 
 
 
 
 
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 Tesla’s new plan to import completely-built-up (CBU) cars from the United States has come in after the Indian government did not make an exception for Tesla Motors ‘FDI in retail’ which bounds a foreign company to source 30% parts locally. The American company’s expansion into India is a part of its larger mission to cover regions where Tesla still lacks a presence, like Eastern Europe, China and Japan by the end of 2019. The India-Musk story Tesla Indian debut first came into <a href="https://www.financialexpress.com/auto/car-news/great-news-for-tesla-lovers-elon-musk-said-this-about-tesla-coming-to-india/1186997/">news</a> when bookings for the Tesla Model 3 were opened to the public. Elon Musk even asserted that the company is soon going to open bookings in India. Despite the Indian Prime Minister’s visit to Silicon valley in 2015, Tesla Motors and the Indian government did not make any plans for market expansion. But, come 2017, Musk announced that the company wanted to mark it’s Indian debut with Model 3 — the most affordable car produced by the company so far. But Indian market remained untouched due to tough FDI norms that dictate that at least 30% of the products used for manufacturing have to locally sourced. Musk came out and <a href="https://www.latestly.com/auto/elon-musk-says-regulations-in-india-preventing-teslas-launch-in-the-country-191171.html">stated </a>that India doesn’t have the supply to support production yet. 
 
 
 
 
 
 
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 Despite Musk’s request asking for temporary waiver on import duties and other restrictions, the Indian government did not ease any norms. Although, it did clarify the situation in a twitter post. <keyword id="6354477" type="PERSON" weightage="20" keywordseo="Narendra-Modi">Narendra Modi</keyword> has previously <a href="https://www.hindustantimes.com/business-news/musk-says-challenging-govt-regulations-stalling-tesla-s-entry-to-india/story-PdzPp7iJtK1VQrlyKpHJzK.html">claimed</a> that 1,400 archaic laws were removed to help business to operate smoothly. 
 
 
 
 
 
 
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 Tesla’s entry into Indian market can be a win-win for the Indian government as well as Tesla Motors. India’s electric car market is still at its <a href="https://www.hindustantimes.com/business-news/musk-says-challenging-govt-regulations-stalling-tesla-s-entry-to-india/story-PdzPp7iJtK1VQrlyKpHJzK.html">nascent stage</a> with the vast majority of Indian people preferring to buy normal budget cars that run on run on petrol and diesel. So, Tesla will have the somewhat of a ‘first-mover advantage’ in the Indian market since most car manufacturers are yet to foray into the production of electric vehicles. And, it’s induction will also support PM Narendra Modi’s 'National Electric Mobility Mission Plan (NEMMP) 2020'.

Elon Musk plans on Tesla Motors having ‘partial presence’ in India by 2019

<ul><li>After tweeting a global map of the <keyword id="107096" type="COMPANY" weightage="20" keywordseo="Tesla">Tesla</keyword> Superchargers, <keyword id="6355315" type="UNKNOWN" weightage="20" keywordseo="elon-musk">Elon Musk</keyword> received queries about why Tesla isn’t present in <keyword id="3658" type="COUNTRY" weightage="20" keywordseo="India">India</keyword> yet. </li><li>Musk responded stating that the delay is due to the Indian government’s ‘challenging’ regulations. </li><li>Local automobile manufacturers have also asked for clarity on the policy regarding <keyword id="6354973" type="UNKNOWN" weightage="20" keywordseo="electric-vehicles">electric vehicles</keyword> in India. </li></ul>In a recent Twitter storm, the global map of Tesla Superchargers tweeted by Elon Musk received an onslaught of queries regarding why there weren’t any Teslas in India. The map shows locations in the US, Mexico, Australia and even China, but none within the subcontinent. 
 
 
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It was a particular “No Tesla in India” tweet that caught Musk’s attention. Apparently Tesla would ‘love’ to be present in India, but it’s the country’s ‘challenging’ government regulations that are keeping the company at bay. 
 
 
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He even substantiates his statement adding that the company’s Chief Financial Officer (CFO), Deepak Ahuja, who’s from India himself, is looking into the matter. Not the first time Elon Musk had plans of bringing Tesla to India by the summer of 2017. Since then, sources initially reported that Tesla had to back out from India because the country wasn’t a ‘viable market’. Later it was clarified by Musk himself, that it was the ‘Make In India’ policies that were keeping the company from making headway. 
 
 
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 However, the government was quick to respond and schooled him on how foreign direct investment (FDI) in the auto industry works in India. 
 
 
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Various automakers have asked for <a href="https://www.livemint.com/Industry/OSlNhNaWuLNyEWfgzFY6yH/Electric-vehicle-makers-to-reach-out-to-NITI-Aayog-PMO-for.html">clarity</a> regarding government norms when it comes to electric vehicles in India. Looking at the last two years, the government initially said that it’s planning for 100% electric vehicles in public transport and 40% in personal mobility by 2030. But earlier this year, their stance <a href="https://www.livemint.com/Industry/mmhL6JOC61yIfeiIQKlLZN/Govt-drops-the-idea-of-an-India-EV-policy.html">flipped</a> to formulating a policy for electric vehicles that isn’t constrained by rules and regulations. The Centre’s uncertain back and forth may have an <a href="https://inc42.com/features/how-the-govts-flip-flop-on-policy-is-slowing-down-ev-adoption-in-india/">adverse</a> effect on the adoption of electrical vehicles. On the other hand, state governments have their vision sorted with clear policies already in place. Electric vehicles may not be the answer for India It was only yesterday that the International Energy Agency published their <a href="http://www.business-standard.com/article/current-affairs/electric-vehicles-could-increase-net-carbon-emissions-in-india-iea-118053000358_1.html">report</a> claiming that electric vehicles may actually cause more harm than good in countries like China and India. The life-cycle of emissions is as such that these countries have a carbon-intensive power generation mix. As of now, 85% of India’s installed capacity is <a href="https://www.businessinsider.in/india-might-have-second-largest-power-capacity-in-asia-this-year/articleshow/64357534.cms">dependent</a> on energy derived from coal. That essentially means, that even if cars switch to electricity instead of petrol, they’ll still be burning carbon, just at different stages of the life-cycle.

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