US EditionElon Musk's Tesla Receives 600 Orders In India, Falling Short Of Expectations: Report
- Tesla launched sales in India in July and has received about 600 car orders since its debut.
- Tesla expected higher demand, but steep import tariffs, high prices, and strained India-US ties have limited sales.
- Tesla’s Model Y costs around $70,000 in India, far above the typical EV buyer’s budget near 2.2 million rupees.
- Deliveries will start in the third quarter and initially cover Mumbai, Delhi, Pune, and Gurugram, with 350 to 500 units planned for shipment.
- Tesla’s India debut highlights challenges including limited charging infrastructure, traffic issues, and a niche market for EVs under 5% of sales.
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Tesla Sales in India Fall Short of Expectations, Elon Musk’s EV Company Receives Just Over 600 Orders Since Opening Bookings in Mid-July: Reports | 🚘 LatestLY
US auto giant Tesla's entry into the Indian market fell short of expectations, as the company received just over 600 orders since opening bookings in mid-July. This figure is significantly lower compared to Tesla's global sales where it delivers the same number of vehicles every four hours, according to multiple reports. 🚘 Tesla Sales in India Fall Short of Expectations, Elon Musk’s EV Company Receives Just Over 600 Orders Since Opening Booking…
The goal for Tesla's market entry in India was modest. Nevertheless, it is far from missing. Another setback for the former E-car world market leader.
Coverage Details
Total News Sources26
Leaning Left5Leaning Right8Center4Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
L 29%
C 24%
R 47%
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