The brokerage firm anticipates this price range for the Tesla car in India despite the lower 15% to 20% import duties payable on foreign-made cars
CLSA added that even if Tesla manages to launch a sub-INR 25 Lakh on-road model, it would still not have any significant impact on the incumbents
This comes as Tesla is looking to establish a manufacturing unit in the country and is in talks with multiple states, including Gujarat, Maharashtra and Tamil Nadu, for it
Amid speculations over Tesla’s India entry, a report by…

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