Tesla, Elon Musk’s EV maker is looking to expand its horizons in India. After a stop in progress in early 2024, when Musk laid focus on China, as he looked away from India.
A year down the line, and a lot appears to have changed. After PM Modi’s US visit, wherein he also met the SpaceX and X boss, Musk’s company doled out a set of job posts on LinkedIn, signalling its arrival in India.
Tesla’s job openings in Mumbai. |
As many as 13 new positions for different roles in Tesla’s Mumbai office were put up on February 18. Tesla is said to have increased its number of supply chain employees in India.
Billions In Investment
It is now being learned that company officials from the largest EV maker may visit India in April.
In addition, it is also being reported that the company may invest USD 3-5 billion in the initial phase of the plan.
The company has long struggled to deal with duties levied on its cars, making them more expensive than they already are. This is the case, as Tesla cars are not manufactured, or even assembled, in India yet.
Tesla and SpaceX chief Elon Musk | AFP
Sale Of Cars To Start In April
All the cars in India, as imported from its manufacturing destinations elsewhere. Furthermore, Tesla is not expected to start assembling its cars in India anytime soon, as it would focus on selling imported EVs, manufactured in Germany.
Tesla is set to import EVs from its Berlin plant, with the first EV launching at around Rs 21 lakh. This sale is expected to start in April.
When it comes to manufacturing, the car company is said to be exploring avenues in Maharashtra and Gujarat.
In addition, the company is also reportedly looking to open its swanky new showrooms in Mumbai’s Bandra-Kurla Complex and Delhi’s Aerocity.
This also comes at time, when the Indian government is planning to slash tariffs on American goods, fearing reciprocal tariffs on Indian goods, as recently announced by the Trump Administration.