Tesla car cost in India Expected Rs 35 Lakh to Rs 40 Lakh after Reduced Import duty Says Report

Elon Musk is now preparing to bring its Tesla cars in India too. The world’s largest electric vehicle (EV) Cars of Tesla among the maker companies may soon be seen in India. But how much will Tesla cars cost in India? This has been reported in a latest report. The report says that if import duty is also reduced by 20 percent, then Tesla’s cheapest car will come in India at a price of 35 lakh to 40 lakh rupees.

In India, questions are going on in everyone’s mind about the price of Tesla cars. Now Global Capital Market Company CLSA has its own Report I have explained this in detail about this. Tesla’s cheapest car will also be priced at around Rs 40 lakh in India. The report says that Tesla’s cheapest model Model 3 is currently priced at $ 35,000 (about 30.4 lakh rupees) in the US. This price is of factory level.

If 15 to 20 percent import duty is reduced on Tesla cars in India, then the car’s on-road price with road tax, insurance etc. will be $ 40,000 (about Rs 35-40 lakh). But the report says that if Tesla keeps its model 3 at 20-50 per cent higher than domestic Ev model like Mahindra Xev 9E, Hyundai E-Creta, and Maruti Suzuki E-Vitara, then it is special in the Indian EV market. Changes are unlikely.

The report also states that Tesla would need to establish a manufacturing facility in India to make his cars more economical and increase its operations, even if the import duty is reduced by 20 percent. Tesla is seen preparing to launch its models in Delhi and Mumbai in the coming months. Tesla has also officially started its recruitment process in India. On 18 February, EV maker posted a job listing for the post of Consumer Engagement Manager in the Mumbai metropolitan region on Linkedin.