Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li><keyword id="21235340" type="General" weightage="20" keywordseo="Vishal-Gondal" source="keywords">Vishal Gondal</keyword>, a <keyword id="19895433" type="General" weightage="20" keywordseo="Tesla" source="keywords" meta.keywordsubtype="org" meta.entityname="Tesla" meta.hostid="261" meta.entityid="Tesla">Tesla</keyword> fan from Mumbai, preordered the <keyword id="20786450" type="General" weightage="20" keywordseo="Model-3" source="keywords">Model 3</keyword> in 2016 but never got it, the AP reported.</li><li>After seven years of waiting, he sought a deposit refund and purchased an Audi instead.</li><li>Tesla's entrance into the Indian market has long been stalled by the country's high EV import taxes.</li></ul>Some Tesla fans in <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> have been waiting for years for the cars they preordered, and they're finally demanding their deposits back. <a href="https://apnews.com/article/india-tesla-ev-musk-a3d121fe3de3059518f04ecf99bee959" target="_blank">The Associated Press</a> spoke to people who ordered the electric vehicles, including a startup founder from Mumbai named Vishal Gondal, who said he preordered a Tesla Model 3 in April 2016. Gondal told Business Insider he was excited about the car's "cutting-edge EV technology." But he ended up waiting "nearly eight years with no car." "<keyword id="19903807" type="General" weightage="20" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword>'s tweets and news stories hinted at a potential India launch, but nothing concrete," Gondal, founder and CEO of GOQii, a healthcare startup, told BI. Gondal told the AP and BI that he paid a $1,000 deposit for the Tesla. BI viewed a copy of his deposit receipt. Eventually, he decided to buy an electric SUV from German carmaker Audi instead. He's since secured a deposit refund from Tesla. Another customer, Mumbai-based designer Hemant Suthar, waited six years before getting a refund in 2023, the Associated Press<a href="https://apnews.com/article/india-tesla-ev-musk-a3d121fe3de3059518f04ecf99bee959" target="_blank"> reported</a>. Tesla did not immediately respond to a request for comment from BI sent outside regular business hours. In January 2022,<a href="https://www.businessinsider.com/elon-musk-tesla-working-through-challenges-with-india-import-tax-2022-1" target="_blank"> Elon Musk said</a> that Tesla was "still working through a lot of challenges" with the Indian government — including the high import taxes it imposed on electric vehicles. But in March, India handed Tesla a big win. It lowered import taxes on EVs made by companies that <a href="https://www.reuters.com/business/autos-transportation/india-approves-policy-boost-e-vehicle-manufacturing-2024-03-15/#:~:text=Under%20the%20new%20policy%2C%20effective,EVs%20depending%20on%20their%20value." target="_blank">commit to investing at least $500 million</a> and start domestic manufacturing within three years. Under these new regulations, companies can import 8,000 EVs that cost $35,000 or more yearly at a 15% tax rate. That's down from a 70 to 100% EV tax. In April, Reuters<a href="https://www.reuters.com/business/autos-transportation/teslas-musk-likely-unveil-2-3-bln-india-investment-during-visit-sources-say-2024-04-17/" target="_blank"> reported</a> that Tesla was planning to build a new factory in India as part of a $2 to $3 billion investment. Musk was expected to announce these plans on his trip to India in April. But Musk canceled the trip that month,<a href="https://x.com/elonmusk/status/1781541775183610310" target="_blank"> citing</a> "very heavy Tesla obligations." Gondal, for his part, said he is still a fan of Musk and admires Tesla's innovation, but the experience has made him more cautious. "I would consider purchasing a Tesla in India only if there were a clear and reliable market strategy with strong customer support and when I see the car in India with my own eyes," he told BI. August 14, 7:30 a.m. — This story has been updated.

A Tesla fan in India preordered a Model 3 in 2016. He waited 7 years, and the car still hadn't shown up.

<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><li><keyword id="23199407" type="General" weightage="20" keywordseo="Hans-Peter-Brondmo" source="keywords">Hans Peter Brondmo</keyword>, ex-CEO of <keyword id="19902762" type="General" weightage="20" keywordseo="Google" source="keywords" meta.keywordsubtype="org" meta.entityname="Google" meta.hostid="261" meta.entityid="Google">Google</keyword>'s <keyword id="23199408" type="General" weightage="20" keywordseo="Everyday-Robots" source="keywords" meta.keywordsubtype="org" meta.entityname="Everyday Robots" meta.hostid="261" meta.entityid="Everyday Robots">Everyday Robots</keyword>, talks about AI-powered robots</li><li>He says that versatile robots are far away in future</li><li>He also added that robots shouldn't look like humans</li></ul> <keyword id="19895433" type="General" weightage="20" keywordseo="Tesla" source="keywords" meta.keywordsubtype="org" meta.entityname="Tesla" meta.hostid="261" meta.entityid="Tesla">Tesla</keyword> and Space X chief <keyword id="19903807" type="General" weightage="20" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword> has often talked about how robots will be common in the near future. Tesla is also developing a humanoid robot that has been talked about on many occasions by Musk. While Musk expects that robots will be among us soon, the former head of Google's ambitious robotics project Everyday Robots thinks otherwise. Hans Peter Brondmo, who used to be the CEO of Everyday Robots, has shed light on the complex journey of developing AI-powered robots capable of operating in real-world environments. In an authored piece for Wired, Brondmo shared his belief that building versatile robots will take far longer than <keyword id="19915272" type="General" weightage="20" keywordseo="Silicon-Valley" source="keywords">Silicon Valley</keyword> expects. He also said that robots should not look like humans and revealed what he learnt at the company while he was at its helm for 7 years. Brondmo, who joined Google's secretive innovation lab X (formerly Google X) in 2016, was tasked with overseeing a bold venture to create robots that could assist humans in everyday tasks. Google's founder, Larry Page, envisioned a future where robots could use end-to-end learning—essentially figuring out how to complete tasks on their own with minimal guidance. However, this ambitious vision proved to be more difficult to achieve than expected. Reflecting on his time leading the project, Brondmo explained that one of the most significant challenges was teaching robots to function in complex, unpredictable environments. While AI systems have made strides in learning from large datasets, robots require even more data to understand and respond to the real world effectively. Brondmo said that it may take "many thousands, maybe even millions of robots" collecting data in diverse settings before we reach a point where AI models can perform tasks beyond narrow, well-defined roles. One of Brondmo's personal motivations for developing <keyword id="20673242" type="General" weightage="100" keywordseo="AI-robots" source="keywords">AI robots</keyword> came from his mother, who suffered from advanced Parkinson's disease. He had long hoped that robots could one day assist her and others with similar conditions. This personal connection fueled his belief in the potential of robots to make a positive impact on people's lives. Despite the closure of Everyday Robots in 2023, Brondmo remains optimistic about the future of robotics. He wrote in the piece that he believes robots are essential and their development is inevitable, but he worries that Silicon Valley's focus on quick solutions and its reluctance to invest in hardware could hinder progress. He added that he is afraid investors might not have the patience to support the long-term development required to build truly capable robots. Brondmo also cautioned that the current focus on creating <keyword id="20176157" type="General" weightage="20" keywordseo="humanoid-robots" source="keywords">humanoid robots</keyword> is misguided. Instead of mimicking human form, he feels that robots should be designed with practicality and functionality in mind. By focusing on robots that can effectively assist humans in everyday life, rather than on their appearance, Brondmo believes we can unlock the true potential of robotics. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/ai-is-entering-classrooms-in-italy-new-learning-tools-to-be-tested-in-15-classrooms-across-four-regions/articleshow/113364057.cms" data-type="tilCustomLink" target="_blank">AI is entering classrooms in Italy, new learning tools to be tested in 15 classrooms across four regions</a> <a href="https://www.businessinsider.in/tech/news/you-dont-have-to-know-everything-ex-microsoft-india-employee-shares-biggest-lessons-he-learnt-at-satya-nadellas-company/articleshow/113382097.cms" data-type="tilCustomLink" target="_blank">You don't have to know everything: Ex-Microsoft India employee shares biggest lessons he learnt at Satya Nadella's company</a>

AI robots should not look like us, says Ex-Google robotics moonshot boss as he explains what he learnt at the company

<ul class="summary-list"><li><keyword id="19903807" type="General" weightage="100" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword>'s intended visit to <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword> involved his meeting with PM Modi this month.</li><li>Musk cited "heavy <keyword id="19895433" type="General" weightage="20" keywordseo="Tesla" source="keywords" meta.keywordsubtype="org" meta.entityname="Tesla" meta.hostid="261" meta.entityid="Tesla">Tesla</keyword> obligations" in an X post on Saturday as the cause for the delay. </li></ul><a target="_blank" href="https://www.businessinsider.com/elon-musk">Elon Musk</a> has postponed his trip to India amid the <a target="_blank" class="editor-rtfLink" href="https://www.businessinsider.com/tesla-rough-year-sales-slump-layoffs-china-ev-competition-2024-4">ongoing chaos at Tesla.</a> Musk announcement the decision <a target="_blank" class="editor-rtfLink" href="https://twitter.com/elonmusk/status/1781541775183610310">via X</a> — the social media site he purchased two years ago — on Saturday. The Tesla CEO was expected to visit India early next week to <a target="_blank" class="editor-rtfLink" href="https://twitter.com/elonmusk/status/1778116984137245137?s=43&amp;t=UxKjJPmEjJhI62R8aL9cBQ">meet with Prime Minister Narendra Modi.</a> "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 wrote. Musk didn't publicly share many details about the trip, but sources <a target="_blank" class="editor-rtfLink" href="https://www.reuters.com/business/autos-transportation/teslas-musk-likely-unveil-2-3-bln-india-investment-during-visit-sources-say-2024-04-17/#:~:text=NEW%20DELHI%2C%20April%2017%20(Reuters,familiar%20with%20the%20discussions%20said.">told Reuters</a> he planned to announce a $2 to $3 billion investment in India. Musk wants to build a new factory in India, where the <keyword id="20623482" type="General" weightage="20" keywordseo="EV-market" source="keywords">EV market</keyword> is tiny but gaining steam, the outlet reported. The planned visit from Elon Musk coincided with the ongoing National Lok Sabha Elections in India. He confirmed on X that his visit would include a possible meeting with Prime Minister Narendra Modi, after which it was expected that they would together announce Tesla's official entry to India. While this might have benefitted the ruling party amid the crucial elections, the opposition is now capitalising on the delay in Musk's visit. On Saturday, senior Congress leader Jairam Ramesh <a href="https://twitter.com/Jairam_Ramesh/status/1781641711111803382" data-type="tilCustomLink">wrote on X</a>, "It was odd that Elon Must was coming all the way to India to meet an outgoing Prime Minister. He too has now read the writing on the wall and decided to put off his visit. INDIA’s PM will welcome him soon, and the INDIA Government will promote electric vehicles even more aggressively - I myself am a user of one!" Musk hinted at India's growing EV market in an <a target="_blank" class="editor-rtfLink" href="https://twitter.com/elonmusk/status/870411649621999617?s=43&amp;t=UxKjJPmEjJhI62R8aL9cBQ">X post</a> last week. "India commits to sell only electric cars by 2030. It is already the largest market for solar power," he wrote. Musk's decision to <keyword id="20881838" type="General" weightage="20" keywordseo="postpone" source="keywords">postpone</keyword> <a target="_blank" href="https://www.businessinsider.com/tesla-rough-year-sales-slump-layoffs-china-ev-competition-2024-4">coincides with Tesla sharing its Q1 earnings on April 23</a>, when Musk and investors will reckon with the company's tumultuous start to 2024. <div type="image" title="A parking lot outside a Tesla building." height="609" width="1024" msid="109463369" hostid="261"></div> BI reported in early April that <a target="_blank" class="editor-rtfLink" href="https://www.businessinsider.com/china-electric-cars-ev-elon-musk-tesla-byd-price-war-2024-4">Musk's Tesla has struggled to compete in China's EV market</a> as rival companies make "aggressive price cuts." An equities strategist told BI that Tesla's troubles in China likely contributed to the company's first-quarter delivery miss. Around that time, <a target="_blank" class="editor-rtfLink" href="https://markets.businessinsider.com/news/stocks/tesla-stock-price-q1-vehicle-delivery-miss-expectations-tsla-musk-2024-4">Tesla stock slid 7%</a>. By mid-April, Musk announced that <a target="_blank" class="editor-rtfLink" href="https://www.businessinsider.com/elon-musk-sent-tesla-employees-email-announcing-layoffs-read-memo-2024-4">Tesla would layoff 10% of its global workforce</a> in an internal memo to staff. The recent layoffs were further bogged down by reports that some employees <a target="_blank" class="editor-rtfLink" href="https://www.businessinsider.com/elon-musk-tesla-apologizes-severance-packagaes-layoffs-2024-4">received "incorrectly low" severance packages</a>. Another round of layoffs <a target="_blank" href="https://www.businessinsider.com/tesla-layoffs-continue-recruiters-2024-4">hit its recruiting department</a> on Friday. Tesla also recently recalled<a target="_blank" class="editor-rtfLink" href="https://www.businessinsider.com/tesla-recalls-cybertrucks-accelerator-fault-pad-pedal-electric-vehicle-truck-2024-4#:~:text=Tesla%20is%20voluntarily%20recalling%20almost%204%2C000%20Cybertrucks%20over%20a%20fault,%2C%20and%20April%204%2C%202024."> almost 4,000 of its Cybertrucks</a> over faulty accelerator pedals. Musk wrote on X that Tesla was unaware of any "injuries or accidents" related to the problem. "We are just being very cautious," <a target="_blank" class="editor-rtfLink" href="https://twitter.com/elonmusk/status/1780778694535192598">Musk wrote</a>. Musk did not immediately respond to a request for comment from Business Insider.

Elon Musk cancels trip to India as Tesla's struggles continue in the US

The rise in <keyword id="20532742" type="General" weightage="20" keywordseo="EV-battery-manufacturing" source="keywords">EV battery manufacturing</keyword>, alongside the '<keyword id="20018809" type="General" weightage="20" keywordseo="Make-in-India" source="keywords">Make in India</keyword>' initiative, will lower manufacturing costs and boost <keyword id="19914921" type="General" weightage="20" keywordseo="EV-sales" source="keywords">EV sales</keyword> in the country, according to industry experts. According to Liz Lee, Associate Director at Counterpoint Research, <keyword id="21214947" type="General" weightage="20" keywordseo="Indias-EV-landscape" source="Orion">India's EV landscape</keyword> is on the cusp of significant growth. "Government initiatives such as the <keyword id="8941225" type="General" weightage="20" keywordseo="PLI-scheme" source="Orion">PLI scheme</keyword> for <keyword id="16365365" type="General" weightage="20" keywordseo="Advanced-Chemistry-Cells" source="Orion">Advanced Chemistry Cells</keyword> (ACC) and the recent reduction in import duties on EVs under $35,000 to 15 per cent are game changers," said Lee. All this not only opens doors for <keyword id="107096" type="General" weightage="20" keywordseo="Tesla" source="Orion">Tesla</keyword> but also signals India's readiness to welcome significant investments and foster a new ecosystem for EVs and their component suppliers. "It is a clear sign that India's journey to become a major player in the global <keyword id="186291" type="General" weightage="100" keywordseo="EV" source="Orion">EV</keyword> market is accelerating," Lee noted. The EV ecosystem is in a fairly nascent stage. "While the conventional automobile manufacturing ecosystem is mature, the building blocks for a robust smart car manufacturing ecosystem, from the battery to infotainment to sensors to full ADAS/ADS, beckon," said Research Vice President Neil Shah. "This would span from the likes of Qualcomm and MediaTek designing and offering advanced auto components to BlackBerry providing safety and security software, to Foxconn reducing barriers for new entrants to India with its innovative MIH consortium-based 'localised' design and manufacturing model," Shah explained.

India's EV landscape set to be transformed with key govt initiatives: Industry experts

<ul class="summary-list"><li>Tesla has reportedly been considering building a new factory in India, the world's third-largest car market.</li><li>MG Motor India executive Rajeev Chaba told CNBC the move could boost India's EV market. </li></ul><a target="_blank" href="https://www.businessinsider.com/tesla">Tesla</a> has been eyeing an expansion into India — and one local auto executive thinks it'll be good for business.MG Motor India's CEO Emeritus Rajeev Chaba <a target="_blank" href="https://www.cnbc.com/2024/04/24/elon-musk-teslas-entry-into-india-ev-market-is-good-news-mg-motor-india-.html">told CNBC</a> that Tesla's potential entry into the Indian market could help boost the country's low rate of EV adoption."Tesla is really welcome. It'll be good for the industry, good news for the country, and for serious players like us," Chaba told CNBC.MG Motor currently sells two types of EVs in India; it recently <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-03-20/china-s-mg-motor-venture-bringing-electric-sports-car-to-india">announced</a> a joint venture with JSW Group to roll out more EVs in and capture a larger slice of the market there."I wish more and more players come, with more and more choices. Because that will give the consumer a chance to look at the various options and go for it," he added.The auto exec told CNBC that a lack of competition was hampering India's EV industry.The Indian government has set a target of <a target="_blank" href="https://www.reuters.com/business/autos-transportation/electric-vehicle-plans-indian-automakers-2024-03-15/">30% of all vehicle sales</a> to be electric by 2030. Between October 2022 and September 2023, EVs accounted for around 5% of total vehicle sales, according to data from <a target="_blank" href="https://www.bain.com/insights/india-electric-vehicle-report-2023/">Bain and Company</a>."Competition is limited at this point of time. Numbers are still constrained because consumers don't have compelling choices," Chaba said.Tesla has been eyeing India as a potential area for expansion as it grapples with a <a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-avoid-ev-sales-slowdown-china-byd-2024-1">slowdown in EV demand</a> and <a target="_blank" href="https://www.businessinsider.com/elon-musk-china-is-tesla-main-rival-in-ev-war-2023-11">growing competition in markets such as China</a>.Foreign EV companies have previously been deterred from entering the world's <a target="_blank" href="https://asia.nikkei.com/Business/Automobiles/India-tops-Japan-again-as-world-s-No.-3-auto-market#:~:text=GANDHINAGAR%2C%20India%20%2D%2D%20New%20car,released%20the%20data%20on%20Friday.">third-largest vehicle market</a> because of high import taxes on electric cars.However, a new policy that provides an exception for automakers who invest at least $500 million to produce their cars in the country and who set up manufacturing facilities within the next three years — suggests that may be about to change.Reuters reported earlier this month that Tesla is planning to build a new factory in the country as part of <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/#:~:text=NEW%20DELHI%2C%20April%2017%20(Reuters,familiar%20with%20the%20discussions%20said.">a $2 to $3 billion investment</a>, and CEO Elon Musk was due to meet Indian Prime Minister Narendra Modi this week to announce the move.Those plans may have to wait. Musk postponed his trip to India due to <a target="_blank" href="https://www.businessinsider.com/elon-musk-cancels-trip-to-india-tesla-layoffs-struggles-2024-4">"very heavy Tesla obligations,"</a> with the automaker recently <a target="_blank" href="https://www.businessinsider.com/elon-musk-sent-tesla-employees-email-announcing-layoffs-read-memo-2024-4">announcing a 10% cut to its staff</a> and a high-profile <a target="_blank" href="https://www.businessinsider.com/tesla-cybertruck-accelerator-pedal-recall-fix-includes-drilling-hole-2024-04">Cybertruck recall</a>.Tesla did not immediately respond to a request for comment made outside normal working hours.

Tesla is eyeing India &mdash; but a rival says that's 'good for the industry' 

On Sunday, <keyword id="19903807" type="General" weightage="20" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword> took to social media to express his appreciation for <keyword id="21992682" type="General" weightage="100" keywordseo="Ashok-Elluswamy" source="keywords">Ashok Elluswamy</keyword>, highlighting the <keyword id="20307691" type="General" weightage="20" keywordseo="Indian-origin" source="keywords">Indian-origin</keyword> robotics engineer’s pivotal role in <keyword id="19895433" type="General" weightage="20" keywordseo="Tesla" source="keywords" meta.keywordsubtype="org" meta.entityname="Tesla" meta.hostid="261" meta.entityid="Tesla">Tesla</keyword>’s “success in AI” and the <keyword id="20344498" type="General" weightage="20" keywordseo="Autopilot" source="keywords">Autopilot</keyword> software. In 2021, Musk had announced Elluswamy as the first hire for Tesla’s Autopilot team. Elluswamy, who hails from India, earned a Bachelor of Engineering in Electronics and Communication from the <keyword id="1604304" type="General" weightage="20" keywordseo="College-of-Engineering-Guindy" source="Orion">College of Engineering Guindy</keyword> in Chennai. He later moved to the US to pursue a Master of Science in Robotic Systems Development at Carnegie Mellon University. Acknowledging his role in Tesla’s growth, Musk posted on X (formerly Twitter): “Thanks Ashok! Ashok was the first person to join the Tesla AI/Autopilot team and ultimately rose to lead all AI/Autopilot software. Without him and our awesome team, we would just be another car company looking for an autonomy supplier that doesn't exist.” <div type="twitter" handle="elonmusk" handlename="elonmusk" favoritecount="0" retweetcount="0" id="1799650788848841069"></div> Musk’s tweet was a response to Elluswamy’s own note on X, where Elluswamy reflected on Musk's bold vision and relentless perseverance, which proved instrumental in Tesla’s advancements in <keyword id="19899640" type="General" weightage="20" keywordseo="AI" source="keywords">AI</keyword> for autonomous driving and robotics. Elluswamy shared insights into the early days, where the challenge was to implement Autopilot on severely constrained hardware and the daring decision to develop Tesla’s computer vision capabilities internally within a tight timeframe. Elluswamy further elaborated on how, despite facing scepticism and ridicule from industry experts, Tesla not only succeeded in launching the world’s first Autopilot system, but also committed to an AI-centric approach by moving away from traditional sensors. He emphasised how Musk’s dedication to creating custom AI hardware and pioneering projects like humanoid robots underlines his foresight in pushing the boundaries of real-world AI, ultimately establishing Tesla as a leader in the field. Tesla’s Autopilot is a sophisticated semi-autonomous driving system that leverages cameras, sensors and radar to assist drivers. It automates certain driving tasks such as steering, acceleration and braking within a lane. Key Autopilot features include adaptive cruise control, lane centering and emergency braking. Since 2016, Tesla has been developing its AI and computer vision capabilities in-house to power Autopilot. This involves training deep neural networks on raw camera images for tasks like semantic segmentation, object detection and monocular depth estimation. Tesla’s strategy prioritises vision and AI to achieve autonomy, rather than relying on external sensors or high-definition maps.

Indian-origin engineer Ashok Elluswamy earns high praise from Elon Musk for pioneering Tesla’s AI and autopilot

Texas [US], April 6 (ANI): <keyword id="2785876" type="General" weightage="20" keywordseo="tesla-ceo-elon-musk" source="Orion">Tesla CEO Elon Musk</keyword> has announced that <keyword id="19895433" type="General" weightage="20" keywordseo="Tesla" source="keywords" meta.keywordsubtype="org" meta.entityname="Tesla" meta.hostid="261" meta.entityid="Tesla">Tesla</keyword> will unveil a '<keyword id="21214780" type="General" weightage="100" keywordseo="robotaxi" source="keywords">robotaxi</keyword>' on August 8. He made the announcement in a post on social media platform X, which stated: "<keyword id="21214781" type="General" weightage="20" keywordseo="tesla-robotaxi" source="keywords">Tesla Robotaxi</keyword> unveil on 8/8." In the past, Musk has expressed liking for self-driving vehicles, stressing that Tesla will make a car that did not have human controls and they will be one of Tesla's most important products. He had also said that Tesla cars, which will have full self-driving capability through software, gradually become better and better at driving, CNN reported. Musk added that the cars, at some point, will have the capability of operating as fully autonomous taxis and could earn money for their owners by giving taxi rides on their own. So far, Tesla has passed several of Musk's predictions for when actual self-driving would be possible. In April 2019, Tesla said it expected to start operating robotaxis by 2020. The company predicted that the autonomous car would last 11 years and drive 1 million miles, which would make the company and the car operators earn a profit of USD 30,000 each year. However, <keyword id="19903807" type="General" weightage="20" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword> has admitted that his track for predictions can be off sometimes by a mile. In an event in April 2019, he said, "The only criticism and it's a fair one, sometimes I'm not on time. But I get it done and the Tesla team gets it done," according to CNN report. Presently, people can buy full self-driving capability with a new Tesla Model 3 for an additional USD 12,000 added to the car's roughly USD 40,000 purchase price. The full self-driving capability can be bought on a subscription basis for up to USD 199 a month, based on how the car was originally equipped. In small gray type, Tesla's on-line description reads, "The currently enabled features require active driver supervision and do not make the vehicle autonomous," implying that it is not, in fact, capable of fully self-driving today. According to Musk, the system will one day make Tesla cars incredibly valuable. In the company's call for the third quarter in 2023, he noted, "You can think of every car we sell or produce that has full autonomy capability as something that in the future may be worth five times what it is today." Experts who have tested the system have said that, as of now, it is still far from being able to drive on its own without human control, CNN reported. Kelly Funkhouser, associate director of vehicle technology for Consumer Reports, recently tested the system. Funkhouser said she is less worried about its safety than she is about ordinary Tesla Autopilot, which is made to give more limited driving assistance, particularly on highways. She said, "You're not likely to tune out and become complacent or over-reliant on it." Funkhouser added, "In fact, I would say you're potentially more alert, CNN reported. A number of companies, including Google's parent company Alphabet's subsidiary and GM subsidiary Cruise, are working on autonomous ride-sharing services. Cruise has halted testing work after one of its self-driving cars hit and dragged a pedestrian. An internal review found that representatives of Cruise did not fully open up with regulators regarding the incident. The US Department of Justice is conducting an investigation into the matter. Meanwhile, Waymo, recently, recalled its own cars after two of its cars hit the same tow truck within minutes of one another. Meanwhile, a report in the Financial Times had on April 3 said that Tesla Motors will send a team to scout locations in India this month for a proposed USD 2-3 billion electric car plant. This development comes after India lowered tariffs on higher-priced imported EVs last month for companies that commit to making them in the country within three years.

Tesla to unveil Robotaxi on August 8, Elon Musk announces

<keyword id="6355315" type="General" weightage="20" keywordseo="elon-musk" source="Orion">Elon Musk</keyword>'s <keyword id="107096" type="General" weightage="20" keywordseo="tesla" source="Orion">Tesla</keyword> may finally end its dry run in India and announce to set up an Electric Vehicle (EV) supply system manufacturing plant in <keyword id="6354766" type="General" weightage="20" keywordseo="gujarat" source="Orion">Gujarat</keyword> during the 'Vibrant Gujarat Global Summit' next month. The announcement is likely to be made in the presence of Tesla CEO and Prime Minister <keyword id="6354477" type="General" weightage="20" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> at the flagship event from January 10-12, according to media reports. With its strategic location and favourable business environment, Gujarat has emerged as the "preferred destination for Tesla's manufacturing plans". According to Ahmedabad Mirror, the state government has suggested Sanand, Becharaji and Dholera as the site for Tesla to set up its manufacturing plant. Earlier, Gujarat, Maharashtra and Tamil Nadu were being considered by Tesla to set up its EV plant. Tesla has been engaged in intense negotiations with the Union Government, seeking concessions that would facilitate a smoother entry into the Indian market. Union Commerce Minister Piyush Goyal in November visited Tesla's state-of-the-art manufacturing facility in Fremont, California. Goyal said it was "extremely delighted to see talented Indian engineers and finance professionals working at senior positions and contributing to Tesla's remarkable journey to transform mobility". "Also proud to see the growing importance of auto component suppliers from India in the Tesla EV supply chain. It is on its way to double its components imports from India. Missed Elon Musk's magnetic presence and I wish him a speedy recovery," the Union Minister posted on X. Musk, had apologised to Goyal for not being able to meet him as he was keeping unwell. "It was an honour to have you visit Tesla! My apologies for not being able to travel to California today, but I look forward to meeting at a future date," Musk replied. Goyal and Musk were scheduled to meet during the Minister's US visit, after the <keyword id="6360701" type="General" weightage="20" keywordseo="spacex" source="Orion">SpaceX</keyword> and X owner met Prime Minister Narendra Modi in the US in June, and revealed he was keen to make significant investments in India. According to earlier reports, the automaker asked the Indian Government for an initial tariff concession that would offset India's steep customs duties of 70 per cent for cars under $40,000 and 100 per cent for cars above $40,000. Tesla had asked for the concession as a condition for constructing a plant in the country. The reduced tariffs would apply to all EV manufacturers. India's EV market has the potential to achieve over 40 per cent penetration with $100 billion revenue by 2030. This growth is expected to be driven by strong adoption (over 45 per cent) in both two-wheeler (2W) and three-wheeler (3W) categories, with four-wheelers (cars) penetration projected to grow to more than 20 per cent, according to a recent report by Bain &amp; Company and Blume Ventures.

Tesla may set up EV plant in Gujarat, Musk likely to visit India next month

Union Minister for Commerce and Industry Piyush <keyword id="6361408" type="General" weightage="100" keywordseo="goyal" source="Orion">Goyal</keyword> on Monday (local time) visited <keyword id="107096" type="General" weightage="80" keywordseo="tesla" source="Orion">Tesla</keyword>'s manufacturing facility in California's Fremont and said that the US electric car maker is on its way to double its components imports from <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword>. Goyal stressed that he is proud to see the growing importance of auto component suppliers from India in the <keyword id="7829399" type="General" weightage="50" keywordseo="tesla-ev" source="Orion">Tesla EV</keyword> supply chain. He said that he missed meeting Tesla CEO <keyword id="6355315" type="General" weightage="50" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> and wished him a speedy recovery. He said that he is "delighted" to see Indian engineers and finance professionals working in senior positions and contributing to Tesla's journey to transform mobility. Taking to social media app X, Goyal stated, "Visited @Tesla 's state of the art manufacturing facility at Fremont, California. Extremely delighted to see talented Indian engineers &amp; finance professionals working at Senior positions and contributing to Tesla's remarkable journey to transform mobility. Also proud to see the growing importance of Auto component suppliers from India in the Tesla EV supply chain. It is on its way to double its components imports from India. Missed Mr @ElonMusk's magnetic presence and I wish him a speedy recovery." Goyal, who is on a visit to the United States from November 13 to 16, arrived in San Francisco Monday morning (local time), will participate in the third in-person Indo-Pacific Economic Framework (IPEF) Ministerial meeting from November 13-14, 2023. During his visit, he will also attend the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco. Just shortly upon arrival in the US, Goyal met with Singapore's Minister for Trade and Industry Gan Kim Yong. The two leaders discussed ways to accelerate cooperation across sectors to further deepen economic partnership between India and Singapore. Taking to X, Goyal stated, "Met H.E. Gan Kim Yong, Minister of Trade &amp; Industry, Singapore, and discussed ways to accelerate cooperation across sectors to further deepen our economic partnership." (ANI) He also met US Trade Representative Ambassador Katherine Tai on the sidelines of the Indo-Pacific Economic Framework (IPEF) in San Francisco. The two leaders held talks on the IPEF and trade pillars. Goyal is scheduled to hold a bilateral meeting with US Commerce Secretary Gina Raimondo and representatives from various sectors and industries, according to the Ministry of Commerce and Industry earlier press release. These meetings will focus on addressing trade barriers, promoting investments, and fostering greater cooperation in areas such as technology and innovation. One of the key focus of the visit will be the joint event, co-chaired with US Commerce Secretary, Gina Raimondo on "India-USA Innovation Handshake Initiative", with the aim to lift up and connect the two sides' dynamic startup ecosystems, address specific regulatory hurdles to cooperation, and promote further innovation and job growth, particularly in emerging technologies." During his visit to the US, Goyal will also participate in the investors' roundtable along with one-to-one meetings with CEOs, according to the press release. He will also interact with various stakeholders such as students, entrepreneurs, venture capitalists and the Indian diaspora. Piyush Goyal is expected to interact with globally renowned technology, entrepreneurship, and academic communities in the Bay Area, particularly, in Silicon Valley to undertake focused discussions with American companies looking to invest or expand in India across sectors - Electronics (including semiconductors), Technology, FinTech etc. SEE ALSO:<a href="https://www.businessinsider.in/sports/webstories/india-vs-new-zealand-wc-semi-final-preview-head-to-head-form-and-key-battles/slidelist/105180423.cms" target="_blank"></a> <a href="https://www.businessinsider.in/sports/webstories/india-vs-new-zealand-wc-semi-final-preview-head-to-head-form-and-key-battles/slidelist/105180423.cms" target="_blank">Ind vs NZ in World Cup semis again – Head-to-head, form, key clashes and more</a> <a href="https://www.businessinsider.in/tech/news/ex-apple-employees-launch-ai-pin-a-wearable-which-wants-to-replace-your-smartphone/articleshow/105113255.cms">Ex-Apple employees launch AI-Pin, a wearable which wants to replace your smartphone</a> <a href="https://www.businessinsider.in/business/auto/news/british-luxury-carmaker-lotus-cars-enters-the-indian-market-with-2-55-electric-suv/articleshow/105092076.cms">Lotus Cars enters India with Eletre, a luxury electric SUV priced starting at ₹2.55 crore</a>

Piyush Goyal visits Tesla's California facility, says US electric car maker to double Indian component imports

<ul><li><keyword id="19897633" type="General" weightage="20" keywordseo="Telegram" source="keywords" meta.keywordsubtype="org" meta.entityname="Telegram" meta.hostid="261" meta.entityid="Telegram">Telegram</keyword> has come under the scanner of the Indian government for gambling and extortion.</li><li>The messaging app is being investigated over its alleged misuse in criminal activities.</li><li>Telegram founder <keyword id="21332555" type="General" weightage="20" keywordseo="Pavel-Durov" source="keywords">Pavel Durov</keyword> was recently arrested in Paris by the French authorities.</li></ul>Pavel Durov, the co-founder and the chief executive officer of popular messaging platform Telegram was arrested in Paris earlier this month. The app has now come under the scanner in India. According to a <a href="https://www.moneycontrol.com/technology/telegram-being-investigated-in-india-over-extortion-gambling-concerns-article-12806508.html">report</a> by Moneycontrol, Telegram is being investigated by the government over its alleged misuse in criminal activities such as gambling and extortion. The ongoing investigation could also end up with Telegram being banned in India as per a government official. "The Indian Cybercrime Coordination Centre (I4C) and MeitY have been looking into P2P communications on Telegram," said a government official to Moneycontrol. <div type="Article" hostid="261" msid="112798622" title="Upcoming IPOs to look out for this week – Premier Energies, ECO Mobility and more" mstype="2" mssubtype="0"></div> According to the report, the Ministry of Electronics and Information Technology (MeitY) is investigating criminal activities such as extortion and gambling on the platform. <h2>Why has Telegram come under the scanner now?</h2>While Telegram has been blamed for such activities in the past, the investigation might have gained steam as the UGC-NET exam paper was reportedly being sold on Telegram for ₹5,000 to ₹10,000 after being leaked. Durov, 39, was detained by the French authorities at the Bourget Airport. Durov was wanted under a French arrest warrant due to the lack of moderation on Telegram, which allegedly led to the platform being used for money laundering, drug trafficking and sharing pedophilic content. The arrest was criticised by several people, including Tesla cofounder Elon Musk. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/webstories/premier-energies-ipo-price-band-to-risk-factors-all-you-need-to-know/slidelist/112803763.cms">Premier Energies IPO – Price band to risk factors, all you need to know</a> <a href="https://www.businessinsider.in/stock-market/news/upcoming-ipos-to-look-out-for-this-week-premier-energies-eco-mobility-and-more/articleshow/112798622.cms">Upcoming IPOs to look out for this week – Premier Energies, ECO Mobility and more</a> <a href="https://www.businessinsider.in/tech/news/govt-warns-about-fake-sms-warning-users-to-update-their-pan-what-it-is-and-how-to-stay-safe/articleshow/112795812.cms">Govt warns about fake SMS asking users to update their PAN – what it is and how to stay safe</a>

Telegram comes under the scanner in India for extortion and gambling – will it be banned in India?

<ul class="summary-list"><li>Tesla reported disappointing results for the first quarter.</li><li>But investors celebrated news of cheaper vehicles on the horizon.</li></ul><a target="_blank" href="https://www.businessinsider.com/tesla">Tesla</a> had some bad news and some good news when it released <a target="_blank" href="https://www.businessinsider.com/tesla-stock-tsla-quarterly-earnings-call-report-live-updates-2024-4">first-quarter earnings</a>.The bad: It reported revenue and earnings that were below Wall Street expectations, and posted negative free cash flow.The good news: <a target="_blank" href="https://www.businessinsider.com/cheaper-teslas-arriving-sooner-than-planned-2024-4">Cheaper Teslas</a> are on the way!Tesla's plan to accelerate the launch of new models — including more affordable cars — and talk of a <a target="_blank" href="https://www.businessinsider.com/tesla-reveals-uber-competitor-ride-hailing-app-photos-2024-4">robotaxi service</a> was enough to send the <a target="_blank" href="https://markets.businessinsider.com/stocks/tsla-stock">stock price</a> higher despite the earnings miss.The investor reaction suggests Wall Street has bought into the idea that cheaper vehicles will help solve some of <a target="_blank" href="https://www.businessinsider.com/tesla-rough-year-sales-slump-layoffs-china-ev-competition-2024-4">Tesla's demand challenges</a>.<a target="_blank" href="https://www.businessinsider.com/elon-musk-tesla-avoid-ev-sales-slowdown-china-byd-2024-1">EV sales growth</a> has slowed in part because most of the options are <a target="_blank" href="https://www.businessinsider.com/electric-car-ev-sales-prices-problem-transportation-2024-1">more expensive</a> than the average car purchase in the US, or so the theory goes."If you have a great product at a great price, the sales will be excellent," CEO Elon Musk said Tuesday on an earnings call.That might ordinarily be true. But Tesla is no ordinary product. Even at a lower price, say $25,000, it's a very significant purchase — likely one of the most expensive purchases a person will make.So let's for a second look at why a lower ticket price might not be a panacea for Tesla.<h2>Switching from gas to electric is a big deal</h2>Many EV buyers thus far have been <a target="_blank" href="https://www.businessinsider.com/ev-electric-car-sales-plateau-early-adopters-competition-2023-8">early adopters</a>, and there are many, many more car buyers who are yet to be convinced. It's part of the reason <a target="_blank" href="https://www.businessinsider.com/tesla-blames-hybrids-for-lower-sales-2024-4">hybrids</a> have been <a target="_blank" href="https://www.businessinsider.com/toyota-hybrid-cars-ev-sales-growth-prius-bz4x-2024-2">having a moment</a>, as an intermediate step from gas-powered cars to fully electric vehicles.It's possible that there are a bunch more buyers out there who would love to buy a Tesla but just can't afford one. How big is that group of buyers? It's not clear."These new vehicles still bring a lot of new, unanswered questions, and TSLA didn't really address, leaving us to believe much is still in flux," UBS said in a note following the earnings release."What are they really, and what buyer are they targeting other than 'lower cost'? Lower cost may not be enough because of lower used Tesla pricing," the note added.For context, a <a target="_blank" class="" href="https://affiliate.insider.com?h=192cc58680062c6e90d96822403840fc573b3e5de0b1bc3eb9ebaf1fa56a9b93&amp;postID=66290b7af33b2f19d556e5bd&amp;postSlug=will-cheaper-tesla-lure-buyers-ev-demand-2024-4&amp;site=bi&amp;u=https%3A%2F%2Fwww.carvana.com%2Fcars%2Ftesla">quick search</a> of Carvana reveals a whole bunch of used Teslas priced in the $25,000 to $30,000 range. Many of those listed have seen recent price drops.Are they a good deal? It's hard to say. The resale data for used EVs is sparse, and the longevity of batteries is scattershot as technology improves.<h2>Infrastructure challenges remain</h2>EVs also require entirely different infrastructure from gas-powered vehicles, and anxiety over battery range and charging stations continues to be a real issue for <a target="_blank" href="https://www.businessinsider.com/tesla-owners-share-unexpected-headaches-owning-ev-electric-car-2023-7">EV owners</a>.The number of charging stations in the US has grown gradually over the years, but operators have <a target="_blank" rel="noopener noreferrer" class="c-link" href="https://www.businessinsider.com/electric-car-charging-reliability-broken-stations-ev-2022-5">struggled with maintenance and uptime issues</a> — and some lack the amenities like snacks and bathrooms you'd find at gas stations. It's also worth noting that a full charge for a Tesla, which has nearly 7,000 US charging stations, could take up to 30 minutes.Maybe infrastructure isn't a core concern for the archetypal early Tesla buyer: someone who might be a tech employee in California with plugins in their garage or driveway — and also at their office. There are many other Tesla buyers, of course, but as Tesla introduces lower-cost models in search of different buyers, needs will shift.Today's buyers of a Honda Civic or Toyota Camry, two of the most prevalent cars on American roads, may not be willing to invest the time and money in perfecting their <a target="_blank" rel="noopener noreferrer" class="c-link" href="https://www.businessinsider.com/how-to-charge-your-electric-car-at-home-2023-5">home-charging setup</a>, which can require an electrician to install high-voltage plugs in a convenient spot. And that's, of course, only if they own their own parking space. Installation might be trickier for people living in apartment complexes, urban townhouses, or myriad other housing situations.<h2>Musk and Tesla are politicized</h2>As Tesla looks to lure potential new buyers with a cheaper car, it will have to contend with souring consumer sentiment toward the EV maker.The number of US consumers who say they would consider buying a Tesla fell to 31% in February — down from 70% in November 2021 — according to research recently <a target="_blank" href="https://www.reuters.com/business/autos-transportation/would-be-tesla-buyers-snub-company-musks-reputation-dips-2024-04-01/">published</a> by Reuters. Some Tesla owners had previously told BI that they were rethinking their allegiance to the brand due to <a target="_blank" href="https://www.businessinsider.com/elon-musk-twitter-antics-causing-tesla-owners-ditch-car-brand-2023-1">concerns over Musk</a>.Tesla is also facing headwinds in China, where it's losing ground to fierce local competitors like BYD.BYD sells one <a target="_blank" href="https://www.businessinsider.com/byd-seagull-cheap-ev-electric-car-tesla-china-2023-4#this-sleek-little-hatchback-is-one-of-the-best-deals-on-the-electric-car-market-but-dont-get-your-hopes-up-too-much-you-cant-buy-one-in-america-1">EV model</a> for less than $10,000 in China, where Tesla's Model 3, by comparison, costs about $32,000.Tesla's share of the Chinese auto market fell to 6.7% in the quarter ended December, compared to a 10.5% share in the first quarter last year, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-04-03/tesla-also-losing-ground-in-china-as-it-disappoints-globally">reported</a> based on China's Passenger Car Association data.<h2>Time will tell for Tesla</h2>It's still not entirely clear when a new more affordable model might arrive, though Musk floated the possibility of early 2025.Elon Musk has a history of <a target="_blank" href="https://www.businessinsider.com/elon-musk-says-he-sets-unrealistic-timelines-has-an-issue-with-time-2018-6">overpromising on timelines</a>. The Cybertruck, for example, was supposed to go into production in 2021. Deliveries to customers didn't start until late 2023.If and when the cheaper car does arrive, it may take off. Renault has had some recent success with <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-04-23/renault-beats-revenue-estimates-on-clio-megane-e-tech-sales?campaign_id=4&amp;emc=edit_dk_20240424&amp;instance_id=121379&amp;nl=dealbook&amp;regi_id=194893788&amp;segment_id=164638&amp;te=1&amp;user_id=2259c117e2d6d1f3b6de8de6262da403">lower-priced EVs</a>, for example. It could make Tesla more attractive in markets like <a target="_blank" href="https://www.businessinsider.com/tesla-would-spur-growth-in-india-ev-market-rival-says-2024-4">India</a>. Maybe the pool of buyers for a cheap Tesla will be ginormous. Betting against Elon Musk has been a losing proposition over time.But it's worth considering what might happen if it's not an instant success.

What if no one wants a cheap Tesla?      

The Centre is considering a request from Elon Musk-run <keyword id="107096" type="General" weightage="100" keywordseo="tesla" source="Orion">Tesla</keyword> to lower tariffs for imported electric vehicles (EVs) as the company looks into setting up a plant in the country, a media report said on Monday. According to the Financial Times, citing sources, the automaker has asked the government for an initial tariff concession that would offset <keyword id="3658" type="General" weightage="50" keywordseo="india" source="Orion">India</keyword>'s steep customs duties of 70 per cent for cars under $40,000 and 100 per cent for cars above $40,000. "Their view has always been that they need some tariff concessions at least in the interim period. It would have some kind of sunset clause," one of the officials was quoted as saying. Tesla had asked for the concession as a condition for constructing a plant in the country. The reduced tariffs would apply to all EV manufacturers. The officials stated that the reduced rate under consideration would be 15 per cent for EVs of all prices, but that the policy had not yet been agreed upon within the government, the report mentioned. "We want to create a package which is good for India and which doesn't become a curated package for one company. Others are free to take advantage of this window, subject to meeting these kinds of requirements," one of the officials stated. In September, a report said that Tesla is planning to build a factory for battery storage in India and has submitted a proposal for the same to the government. The electric car-maker proposed supporting the country's battery storage capabilities with its 'Powerwall' during recent meetings. Musk is also aiming to build a Tesla supply system in India. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/news/british-luxury-carmaker-lotus-cars-enters-the-indian-market-with-2-55-electric-suv/articleshow/105092076.cms">Lotus Cars enters India with Eletre, a luxury electric SUV priced starting at ₹2.55 crore</a><a href="https://www.businessinsider.in/sports/news/cricketers-who-played-a-crucial-role-on-field-while-injured/slidelist/105177391.cms" target="_blank"></a> <a href="https://www.businessinsider.in/sports/news/cricketers-who-played-a-crucial-role-on-field-while-injured/slidelist/105177391.cms" target="_blank">From Maxwell to Kumble – When the injured stood up and stole the show</a> <a href="https://www.businessinsider.in/tech/news/ex-apple-employees-launch-ai-pin-a-wearable-which-wants-to-replace-your-smartphone/articleshow/105113255.cms">Ex-Apple employees launch AI-Pin, a wearable which wants to replace your smartphone</a>

You Searched For "Tesla in India" and got 13 results

A Tesla fan in India preordered a Model 3 in 2016. He waited 7 years, and the car still hadn't shown up.

Aditi Bharade

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

Kwan Wei Kevin Tan

AI robots should not look like us, says Ex-Google robotics moonshot boss as he explains what he learnt at the company

Divyanshi Sharma

Elon Musk cancels trip to India as Tesla's struggles continue in the US

BI India Bureau

India's EV landscape set to be transformed with key govt initiatives: Industry experts

IANS

Tesla is eyeing India but a rival says that's 'good for the industry'

Tom Carter

Indian-origin engineer Ashok Elluswamy earns high praise from Elon Musk for pioneering Tesla’s AI and autopilot

Kunal Kambli

Tesla to unveil Robotaxi on August 8, Elon Musk announces

ANI

Tesla may set up EV plant in Gujarat, Musk likely to visit India next month

IANS

Piyush Goyal visits Tesla's California facility, says US electric car maker to double Indian component imports

ANI

Telegram comes under the scanner in India for extortion and gambling – will it be banned in India?

Sourabh Jain

What if no one wants a cheap Tesla?

Matt Turner,Hayley Peterson

Centre considers lowering EV tariff to lure Musk's Tesla: Report

IANS

Popular Keywords

Buying Guides