Tesla India sets up office in Pune after meeting Commerce Minister for plans of EV manufacturing plant. Aims for a 25 percent cheaper EV model for India.
The EV manufacturer has been wanting to sell its cars in India, but the government has not accepted its demand for lower duties, instead suggesting the company manufacture its cars in the fast-growing Indian market.
Tesla previously teased two new models at its Investor Day in March, one of the new vehicles might be the 25K dollar hatchback that Musk mentioned back in 2020