Can Tesla sell a Rs 20-lakh electric car produced in Indian giga-factory?

Tesla Founder Elon Musk's ambition to build a high-volume affordable car is not new

Tesla deliveries set a record and extend red-hot run for shares

Surajeet Das Gupta New Delhi
In discussions with the government a few weeks ago Tesla reportedly sprang a surprise. It said it would sell its electric car for Rs 20 lakh in India and set up a plant with an annual capacity of 500,000 units.

With that, the company has sparked a new debate. It has models that retail at a starting price of around $41,900 (Rs. 34.39 lakh) in the US and had lobbied for a duty reduction in completely built-up units (CBUs) imported from China just a year ago — which the Indian government rejected. Can Tesla make an electric car at this price?

Tesla Founder Elon Musk’s ambition to build a high-volume affordable car is not new. In 2020, Musk had announced

First Published: Jul 19 2023 | 7:18 PM IST

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