Trump on Tesla in India: Does Trump like to enter Tesla in India? Why did you comment?
Elon Musk Tesla electric cars are ready to enter India. The recruitment process of employees is already going on. However, in a recent interview, Trump commented on the matter. There is a debate that US President Donald Trump does not like to bring Tesla to India. Trump described Tesla as it was unfair to enter India. In an interview, the US President said that Tesla plans to launch a factory in India, very unfair to the US. Musk met Prime Minister Modi during the US tour.
It’s unfair to America
Tesla’s head Elon Musk and Donald Trump appeared in an interview with American television presenter Scene Hannity. At this time, Trump once again mentioned the tariff. He also spoke on the Musk plan to launch the Tesla Factory in India. Donald Trump said that every country in the world will use us and put tariffs on American products. He said that selling cars in India was practically impossible, showing Elon Musk. I don’t know how true it is .. but if yes, it would be unfair to America.
If the factory is built ..
Donald Trump said it would be impossible for the US to sell its cars in India due to high import tariffs and if it was built to make a vehicle. Trump seems to have made these comments on America’s India’s taxes. If the Tesla factory is built in India, Trump has spoken to the US.
India policy
However, in March, the Government of India unveiled the policy of its new electric vehicles. If the car manufacturer has invested at least $ 500 million, the Government of India will reduce import taxes by 15 percent.
When is Tesla’s entry?
Elon Musk Tesla is expected to enter the Indian market by April this year. The electric vehicle manufacturer has allegedly selected two showrooms in New Delhi and Mumbai in India. Tesla is also looking for employees in India.
There are long rumors that Tesla will enter the Indian electric vehicle market. But the localized factory has faced many obstacles related to investment, rules and taxes. Now it is ready to enter India.
On the other hand, the Indian electric car market is expanding rapidly. Tata currently dominates this market. In addition, companies like Mahindra and Maruti Suzuki are also involved with their EVIS. Tesla entry into India .. They will compete.
