As New Players Upend the EV Market, Indians Want Their Money Back for Undelivered Teslas

Quick Summary:

In the eight years since Tesla’s initial promise to sell cars in India, other automakers have launched their own EVs while the American firm has failed to follow through.

Rajesh Kumar Singh, a federal bureaucrat who heads the Indian agency for promoting industrial growth, said in a TV interview that the Tesla executive who Indian officials had been talking with “got fired” and that India didn’t know what the company intended to do.

Despite his earlier enthusiasm, in 2019 Musk expressed concern that import duties could double prices of Teslas made in India, making them “unaffordable.” Many in India expected Musk to announce plans for a factory there in April, but he canceled an expected trip at the last minute, citing “very heavy Tesla obligations.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Aniruddha Ghosal

Category: Economy

Markets: United StatesAfghanistanBangladeshCambodiaChinaGermanyIndiaJapanNorth KoreaSouth KoreaLithuaniaMaliMongoliaPakistanVietnam

Topics: Tesla 2023 Automakers Musk Years Cars China India Market Indian Sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-16 @ 01:13:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: thediplomat.com

Language: English

Article Length: 2835 words

Reading Time: 16 minutes read

Sentences: 119 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Diplomat

News ID: 22126001

View Article Analysis

About The Diplomat

Main Topics: Economy

Official Website: thediplomat.com

Year Established: 2001

Headquarters: United States

News Last Updated: 2 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #70

Publisher Details

Frequently Asked Questions