Tesla to enter India with electric cars, plans local factory

Tesla plans to ship thousands of EVs to India, with deliveries expected near Mumbai in the coming months and sales starting by third quarter of 2025.

The company aims to sell its vehicles in New Delhi, Mumbai, and Bengaluru.

The cars will come from Tesla’s German factory instead of China due to India’s import duty concerns.

Tesla is in talks with Indian states to build a factory, which could qualify for EV policy incentives, including reduced import duties.

Recent Tesla developments

Timeline
19-Feb-2025 🚗 Tesla expands to India with new showrooms, hiring Tesla secures showrooms in Delhi and Mumbai Company starts hiring amid new import duty policies
18-Feb-2025 🇮🇳 Tesla starts hiring in India after Musk-Modi meeting Tesla advertises senior roles in India this week. 13 job openings in Mumbai signal market entry plans.
08-Feb-2025 📉 Tesla’s China sales drop 11.5% as BYD soars 47% Tesla sales in China down 11.5% in January 2025. BYD’s sales surge 47% as competition increases.
04-Feb-2025 📉 Tesla shares drop 5% on Trump tariffs, EU registration dip Tesla shares drop 5% amid tariff concerns. Decline in vehicle registrations reported in Europe.
31-Jan-2025 💰 Tesla sees $600m bitcoin surge after new digital assets rule Tesla’s Q4 net income rises with digital asset gains Digital assets value up to $1.08 billion this quarter

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