America's largest electric car manufacturer Tesla (Tesla) cars have been waiting for a long time. But now this wait may end soon. Tesla has started discussions with the Center on an investment proposal to set up a car factory with an annual capacity of 5,00,000 electric vehicles (EVs) in the country. A media report has given this information on Thursday.
how much will it cost?
The report states that the prices of Tesla's electric vehicles in the Indian market will start from Rs 20 lakh ($24,400.66).
The billionaire Elon Musk-led company is also considering using India as an export base as it plans to ship cars to countries in the Indo-Pacific region, the report said, citing government sources. Reuters requested Tesla for comment, which did not immediately respond to Tesla.
Tesla changed strategy
The discussions with the Indian government show a change in strategy for the American electric carmaker. Last year, talks stalled after the Indian government refused to agree to Tesla's request seeking lower import taxes on cars. India wanted Tesla to manufacture vehicles locally, but the company said it wanted to export its cars first so that it could assess demand for its cars.
Discussion with the Government of India
In a new attempt to break into the domestic market with a change of stance, Tesla discussed with officials in May government incentives for car and battery manufacturing, Reuters reported.
Discussion with PM Modi
In a meeting with Musk last month, Indian Prime Minister Narendra Modi implored the carmaker to make "significant investments" in the country.
Musk said after meeting Modi that India has strong potential for a sustainable energy future, including solar power, stationary battery packs, and electric vehicles. Along with this, Musk is also expected to bring SpaceX's Starlink satellite internet service to the country.
CAA Notification: CAA will not be implemented in these North-Eastern states including Arunachal Pradesh, and Nagaland, what is the reason?
The Citizenship Amendment Act (CAA) came into effect on Monday. The Citizenship Amendment Act (CAA) will provide Indian citizenship to non-Muslim refugees from Pakistan, Bangladesh and Afghanistan.
'My friendship with Elon Musk is old', PM Modi praised the world's richest person; What did he say on DOGE mission?
Recently, Prime Minister Narendra Modi appeared on the podcast show of AI researcher Lex Fridman. This show is of three hours and during this time he shared many things. PM Modi talked about US
Pulwama Terror Attack: PM Modi paid tribute to the martyrs of Pulwama attack; Shah also paid tribute.
Prime Minister Narendra Modi paid tribute to the martyrs of the 2019 Pulwama attack. He said that the coming generations will never forget their sacrifice and their unwavering dedication to the
When Donald Trump became the President, Elon Musk's wealth increased so much that you will not believe that no one in history is so rich!
During the US presidential election, Elon Musk, the owner of SpaceX, Tesla, and social media platform X, was in the news. Tesla CEO Elon Musk spent money like water for Republican Party candidate
Neeraj Chopra: India's 'Golden Boy' Neeraj Chopra won gold in China too, and Kishore Jena won silver.
Neeraj Chopra's magic was also seen in the Asian Games 2023. Neeraj has added another gold medal to India in the tournament being played on Chinese soil. Neeraj won the gold medal by throwing the
War 2 Trailer: Hrithik Roshan's film shows a lot of action, audience's excitement is at its peak
Ever since the announcement of Hrithik Roshan, Jr NTR, and Kiara Advani's action thriller film 'War 2', there has been tremendous excitement among the audience. This movie is directed by Ayan
Google Birthday's: Google turns 25, these five tips of Google will make you super smart
Your own Google has turned 25 today i.e. on 27th September. Today a special doodle can also be seen on Google's homepage. Today's Doodle celebrates 25 years of Google. Google started from a rented
Pushpa 2: Will the release date of 'Pushpa 2-The Rule' be changed again? Allu Arjun will rock the big screen before time!
'Pushpa 2' is one of the most awaited films of this year. The audience is eagerly waiting for every little piece of information related to the film. Allu Arjun and filmmaker Sukumar are working very
Maharashtra government approached SC against the release of Mumbai train blast accused. Hearing will be held on July 24
The Maharashtra government has approached the Supreme Court in the case of the 2006 horrific train blasts in Mumbai. The government has challenged the decision of the Bombay High Court in the Supreme
Mahavatar Narsimha Collection Day 4: Will Narsimha prove fatal for Saiyyara?, earned a huge amount in Hindi on Monday
Saiyyaraa is ruling the box office like a king right now. The way Mohit Suri's Ahaan Pandey and Anit Padda directed film is bringing a tsunami of money at the box office every day, the makers of big
