Tesla Signaling Entry in India After Us Trip of PM Modi, Offer Jobs in Advertisement, Customer Service

Tesla, one of the large electric vehicle (EV) companies, may start business in India soon. Recently, Prime Minister Narendra Modi held a meeting with Tesla’s CEO, Elon Musk during a visit to the US. This American company in India has sought applications from candidates for some jobs. These include jobs related to advertising and customer service.

According to a report by Bloomberg News, Tesla has sought applications for jobs in Delhi and Mumbai. For the past few years, there have been rounds of conversation between the central government and Tesla. However, the company has not taken any final decision due to more import duty. Earlier this month, the government had reduced basic customers duty from 110 percent to 70 percent on cars with more than $ 40,000. India’s EV market is currently in the early stages. Last year, the electric passenger vehicles in the country sold about one lakh units.

China is a big market for Tesla. Last year, EV sales in China was about 1.1 crore units. Last year, the government reduced the tariff to 15 percent on electric cars with a price of over $ 40,000. However, with this the condition was that companies making electric vehicle would have to start local manufacturing in India with an investment of $ 5 million in three years.

Last year, Tesla’s annual sales have declined for the first time in over a decade. Despite record delivery in the fourth quarter, the company’s sales have declined. The company has sold around 17.9 lakh vehicles last year. Tesla’s competitor byd set a record of sales last year. This Chinese company has sold about 42.5 lakh units. The challenges for EV companies are increasing. Due to low demand, their sales are being affected. The new government led by Donald Trump in the US may reduce subsidy on EV. This can have a major impact on demand in this segment. Musk has also been given significant responsibility in Trump’s government. Musk also contributed to Trump’s election campaign.