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Tesla reportedly close to starting sales in India

  • Tesla is close to starting sales of its electric vehicles in India, with plans to open its first showroom in Mumbai and begin deliveries as early as August.
  • After Bloomberg's report, Tesla created an account for its Indian operation on CEO Elon Musk's X platform with an illustration of Mumbai skyline captioned 'Coming soon.'
  • Tesla has been expanding into new markets due to saturation in existing ones; it recently entered the Saudi Arabian market.
  • Challenges in India for Tesla include a 70% import duty on vehicles and the need to export already-built cars, despite previously considering building a factory in the country.

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