A CLSA report has highlighted that with a reduced tariff rate of 15-20 per cent, Tesla price in India will be more expensive than its domestic competitors like Maruti Suzuki. The company will need to open a manufacturing unit in India to keep up with competition.

Amid speculations over Tesla's India entry, CLSA has said that EV maker’s cheapest car would cost around INR 35 Lakh in the country.

In order to scale in the expanding Indian electric vehicle (EV) market, US major Tesla will need to manufacture its cars within the country and price them in the Rs 25 lakh-Rs 30 lakh range, global brokerage CLSA said on Friday.

New Delhi- Elon Musk-led Tesla is soon planning to enter India, even after the reduction in the import duty to below 20 per cent, the cheapest car o

Tesla, led by Elon Musk, is preparing to enter the Indian market, but even with a reduction in import duties to below 20 per cent, the most affordable Tesla model is expected to cost around ₹35-40 lakh, according to a report by CLSA, a global capital market company.

Recent media reports indicate that Tesla has been in discussions with Andhra Pradesh, which is offering pre-acquired land in multiple locations. The stat

Following Tesla CEO Elon Musk’s recent meeting with Prime Minister Narendra Modi, Tesla has reportedly begun producing vehicles that it intends to import to the India market, while also scouting for potential locations to set-up a factory,

Tesla is planning to start selling these cars in three major India cities, including Mumbai, Delhi, and Bangalore around the third quarter of the year, the people, who asked not to be identified discussing private plans,