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Tesla In India

Days after Tesla CEO Elon Musk met PM Narendra Modi in US, the US electric carmaker has advertised for multiple jobs in Delhi and Mumbai and is reportedly eyeing operations by April, starting with importing electric cars from the company's Berlin plant. Last year, Musk was set to meet Modi during a trip to India where he was expected to announce a potential $2 billion-$3 billion investment, but the visit was called off after Tesla decided to lay off 10% of its global workforce amid declining sales. More

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  • Musk’s Tesla scouting land in Maharashtra's Satara for CKD unit: Report

    Completely Knocked Down (CKD) cars are shipped in parts to a country where they are then assembled before sale. This method is mostly aimed at reducing import duties

  • Nifty Auto recovers 1% from day's low as concerns over Tesla's India entry ease

    CLSA recently said that the entry of Elon Musk-led Tesla won't significantly impact the already existing automakers in the domestic market; Jefferies sees up to 53% potential upside for M&M stock

  • India to cap investment in EV charging for tariff relief as Tesla entry looms: Report

    Tesla’s immediate India plan is to import cars and sell them in India. Musk and U.S. President Donald Trump however have repeatedly said India’s tariffs for cars are too high.

  • Tesla's India entry won't have a significant impact on Tata Motors, Maruti, Hyundai: CLSA

    Tesla's cheapest car model retails for over $35,000 (over Rs 30 lakh) in US. This is significantly higher than the average selling price of cars in India, which stands at nearly Rs 12 lakh, CLSA noted in its recent report.

  • Tesla’s India entry: Govt. may prioritise role in global EV supply chain

    Tesla will commence its India rollout in the next couple of months with imported EVs, and is unlikely to have any local manufacturing component to begin with. Instead, the government may seek to integrate India into Tesla’s global value chain.

  • Premium EV sales are rising in India, share in total EV sales tripled in two years: MC Analysis

    Of the 90,354 EV four-wheelers registered across the country in 2024, 6.6 percent or 5,926 belonged to brands whose cars were worth over Rs 20 lakh

  • Tesla effect? Govt mulls expanding incentives for foreign EV makers, says report

    The Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) was notified in March 2024.

  • Tesla in India: Elon Musk's firm likely to import cars from German unit, skip China

    Tesla seeks candidates for several roles based in Mumbai, Delhi and Pune, signalling the entry plans for the Elon Musk-led company after his meeting with Prime Minister Narendra Modi during his US trip.

  • Suzuki notes market share drop and rising competition in India, says need to 'rethink strategy'

    The car company said India's 'business environment has changed' due to declining market share and intensified competition in the electric vehicles space, adding that the company needs to 'rethink strategy'.

  • 'Musk's Tesla factory in India would be very unfair,' says Trump

    "I told Prime Minister Narendra Modi yesterday...India charges the highest tariffs in the world," Trump said.

  • Tesla in India: Elon Musk's firm posts job opening for Pune after Mumbai, Delhi

    Tesla is reportedly planning to set up its showrooms in Mumbai's business district of BKC, and at Aerocity in New Delhi.

  • Tesla likely to power India journey with investments worth $3-5 billion: Report

    The company is likely to set up its manufacturing facility in India as it has begun its search for land parcels

  • India readies ‘special steps’ to fast-track Tesla’s entry, key meeting scheduled: Report

    The development comes after the Prime Minister Narendra Modi’s US visit last week, where he met US President Donald Trump and billionaire Elon Musk

  • Tesla eyes India operations by April, starting with a EV under Rs 22 lakh imported from Berlin plant, says CNBC-TV18

    Showroom locations have been identified in Mumbai's business district of BKC, and at Aerocity in New Delhi. Initial plans involve the launch of an EV under $25,000, or around Rs 21 lakh, for sale in India.

  • Tesla advertises for 13 jobs in Mumbai, Delhi: What Elon Musk's Grok says about EV major's India plans

    Tesla's job descriptions reveal plans for setting up a comprehensive sales, service, and support network, building a local team capable of managing and growing Tesla's operations in India to align with global standards and local market dynamics, says Grok

  • Tesla seeks applications for 13 roles in India: How to apply, job descriptions for Elon Musk's company

    12 of the job postings are for full-time roles, while only one is for a part-time job. All the 13 jobs would require on-site presence.

  • Tesla suppliers eye expansion in India, states roll out red carpet: Report

    States are competing to win Tesla's suppliers, with Gujarat and Tamil Nadu taking the lead by leveraging their robust manufacturing ecosystems

  • Why India is a perfect fit for Elon Musk’s Tesla

    Musk’s expected announcement of Tesla’s entry into the Indian electric vehicle market is as much a win for him as for India.

  • Tesla's most affordable car for Germany, India likely to be called Model 2

    If the development turns out to be true, this will be the second model to be considered by San Carlos, California-based EV maker for India, after Model Y.

  • Moneycontrol Selects: Top stories this evening

    Our specially curated package of the big stories to help you stay at the top of your game.

  • Tesla in India: Nitin Gadkari has a message for Elon Musk

    In January, Elon Musk said the US-based EV-maker is facing a ‘lot of challenges’ for its car launch in India

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