Elon Musk on India tour: Tesla CEO Elon Musk is going to visit India. Elon Musk himself has given this information by sharing a post on his X account. With this announcement by Elon Musk, the discussion about his visit to India and meeting with Prime Minister Narendra Modi has intensified. Tesla CEO can also announce the company’s electric car launch in India during his visit. People who like Tesla cars are now waiting for ‘Make in India’ Tesla.
Tesla car price
The prices of Tesla vehicles are almost the same all over the world. The price of the base variant of Model 3 is more than $ 40,000 (about Rs 33.5 lakh) in the global market. At the same time, Tesla can launch it in the Indian market at an affordable price with some changes in the model. People are definitely waiting for an important announcement from Tesla during Elon Musk’s first visit to India.
How will Tesla’s price reduce?
According to Soumen Mandal, senior analyst at market intelligence firm Counterpoint Research, speaking to IAAN, it will eliminate import duty on the car when it sets up its manufacturing unit in India. Also, this car can be brought to India with less features compared to the global market. According to Soumen Mandal, Full Self-Driving (FSD) mode can be eliminated in Tesla’s EV and Advanced Driver Assistance System (ADAS) Level 2 can be included. This can reduce the price of the car significantly. Although these things have not been confirmed yet, there are high expectations of similar steps.
Tesla car price range
Tesla may start production of EV in India with a price range of Rs 20 lakh. Car manufacturing companies can make about 5 lakh electric vehicles every year in India. Tesla can provide a battery pack with a capacity of less than 50 thousand watts in this car. At the same time, the car can also be provided with an electric motor with less power than the cars available in the global market.
New EV policy of Government of India
The Indian government last month announced a new EV policy in the country, under which the government has reduced the customs duty on import cars to 15 percent (with certain conditions) from the earlier 100 percent. Also, setting up EV production in the country will require a minimum investment of Rs 4,150 crore (about $500 million). According to industry experts, Tesla can generate revenue of at least $ 3.6 billion in India by 2030.
