Tesla coming to India? Elon Musk drops major hint
Posted: Jun 13, 2024
- Elon Musk congratulated Narendra Modi on his election victory - Musk hinted at Tesla entering the Indian market - Musk plans to visit India in 2024 - Tesla may set up manufacturing unit in India - Musk also eyeing Indian market for Starlink - Musk seeks import duty reductions in India - Indian government offers import duty concessions for manufacturing units with $500 million investment - Potential for Tesla electric cars in India - Regulatory approvals awaited for Starlink in India - Musk's visit follows new electric vehicle policy announcement in India
🚨 Reddit sentiment: mixed/negative - While there are some positive comments about the potential data benefits for FSD, most comments are skeptical about the practicality and success of Tesla in India due to market size, affordability, infrastructure, and regulatory challenges. Summarized comments: - Potential challenges for Tesla's FSD to operate on Indian roads - Luxury car market in India is very small compared to China - Skepticism about the affordability and demand for Tesla EVs in India - Some believe Tesla entering India could provide valuable data for FSD development - Criticism of Elon Musk’s announcements as a tactic to influence stock price - India's infrastructure challenges could pose significant hurdles for Tesla's operations Stock tickers discussed: $TSLA
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