Amid speculations over Tesla's India entry, CLSA has said that EV maker’s cheapest car would cost around INR 35 Lakh in the ...
The average selling price of cars in India stands at $14,000 (Rs 12.13 lakh), while Tesla’s most affordable model in the U.S.
In order to scale in the expanding Indian electric vehicle (EV) market, US major Tesla will need to manufacture its cars ...
Tesla's cheapest car model retails for over $35,000 (over Rs 30 lakh) in US. This is significantly higher than the average selling price of cars in India, which stands at nearly Rs 12 lakh, CLSA noted ...
Tesla's entry would not have a significant impact on major Indian automakers, as the overall penetration of EVs in India remains lower, the report claimed ...
A report by CLSA suggests Tesla's entry into India may struggle due to higher pricing compared to domestic EV models. Despite ...
The gains in the stock were triggered after Hong-Kong based global brokerage CLSA upgraded the stock with the target set at Rs 222, implying nearly 63 per cent gains from the previous close of Rs 136.
Under India’s EV policy, Tesla could benefit from reduced import duties of 15% on up to 8,000 units annually if it invests ...
CLSA does not believe that the Elon Musk-owned EV major will have a significant impact immediately on on Maruti Suzuki India, Hyundai Motors India and Tata Motors.
Tesla's entry into the Indian market faces challenges due to high import duties and price sensitivity of consumers.
Elon Musk's Tesla has officially begun its hiring process in India, marking a significant step towards its long-anticipated ...