Elon Musk is finally bringing Tesla to India after years of delays, hiring for key roles amid declining global investor confidence. Tesla faces falling profits, shrinking sales, and tough competition from Chinese rivals like BYD.

Bringing showrooms filled with high-end American-made electric vehicles to India would mark a symbolic victory for President Trump’s ally.

As Tesla is soon planning to enter in India, even after the reduction in the import duty to below 20 per cent, the cheapest car of Tesla will cost around Rs 35 to 40 lakh, says a report by CLSA, a global capital market company.

Recent media reports indicate that Tesla has been in discussions with Andhra Pradesh, which is offering pre-acquired land in multiple locations. The stat

Following Tesla CEO Elon Musk’s recent meeting with Prime Minister Narendra Modi, Tesla has reportedly begun producing vehicles that it intends to import to the India market, while also scouting for potential locations to set-up a factory,