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Tesla reportedly close to starting sales in India
TechCrunchยท 2025-07-11 20:20
Group 1 - Tesla is preparing to sell electric vehicles in India, with plans to open its first showroom in Mumbai and potentially start deliveries as early as August [1][2] - The company has created a dedicated account for its Indian operations on social media platform X, indicating its commitment to the market [2] - Tesla faces challenges in India, including a 70% import duty on exported vehicles, which could impact pricing and market entry strategy [3] Group 2 - The company has been expanding into new markets, such as Saudi Arabia, as it seeks to rejuvenate sales amid an aging lineup of electric vehicles [2] - Previous discussions with the Indian government regarding establishing a factory were not finalized, indicating potential hurdles in local production [3]