Tesla In India: Elon Musk, the charismatic CEO of Tesla, will need to get a whole lot of things in order at the company before deciding to invest in India. Till then, the country will be happy to keep its doors open for him even while all the action in electric is happening in China. This is irrelevant to India where there is no love lost with China and Tesla is assured VIP status here.
However, Chaba cautioned that the demand for EVs in India could remain subdued due to concerns about insufficient charging infrastructure. He emphasized the importance of addressing these infrastructure gaps.
Tesla has reduced prices in several of its major markets, including China and Germany, following price reductions in the United States. This move comes as the company battles declining sales and an escalating price war for electric vehicles, particularly against Chinese EVs.