Tesla's India Entry: How Much Would Cheapest EV Model Cost Post Import Duty Cuts?
Tesla, led by Elon Musk, is preparing to enter the Indian market, but even with a reduction in import duties to below 20 per cent, the most affordable Tesla model is expected to cost around ₹35-40 lakh, according to a report by CLSA, a global capital market company.
How much will a Tesla EV cost in India?
Even if the Indian government reduces import duties to less than 20%, Tesla's cheapest electric car could still cost between ₹35-40 lakh, as per global capital markets firm CLSA. Currently, Tesla's cheapest car—Model 3—costs around $35,000 (approximately ₹30.4 lakh).
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