The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as it considers further cuts,
Massive tariffs, fierce competition, and Trump's trade war threats could derail Tesla's biggest international expansion plan yet.
The path of business in India will not be easy for Elon Musk, the world's richest man and owner of America's famous electric car company Tesla. He will have to face tough competition from Indian companies like Tata and Mahindra.
U.S. electric carmaker Tesla has signed a lease deal to open its first showroom in Mumbai, as it moves towards a goal to sell imported cars in India, registration papers show, after it dropped similar plans last year.
Alongside its expansion into India, the company has posted various mid-level job openings in vehicle service, sales, customer support, and business operations, offering excellent career opportunities.
Tesla is reportedly recruiting and scouting showroom locations in the country, following a meeting between Prime Minister Modi and Elon Musk earlier this month.
A UBS report highlights why Tesla will struggle to compete with domestic automakers like Mahindra & Mahindra, as its most affordable EV remains out of reach for the average consumer in India.
Elon Musk's electric vehicle company, Tesla, is accelerating its hiring drive in India. Amid speculation of a deal to establish a showroom in Mumbai's Bandra Kurla Complex (BKC), Tesla has posted 20 job openings across Maharashtra,