Tesla Entered India with Big Plans. Do Its Latest Results Show Profit?
6 Articles
6 Articles
India is a huge automobile market. In India, where a diverse population lives, electric vehicle sales are increasing day by day. Elon Musk's Tesla has entered this electric vehicle competition with great expectations. Will there be a reception for high-priced cars like Tesla in the Indian market, where budget cars are sold the most?
New Delhi, Oct 26 (IANS) Elon Musk's electric vehicle (EV) maker Tesla India Motors and Energy has reported a strong performance in its first full financial year after starting vehicle sales in India. The company reported revenue of Rs 247.31 crore and a net profit of Rs 5.16 crore in the financial year 2025-26. Revenue from operations was 20.82 per cent higher than a year ago, according to the company's regulatory filing.
Tesla India posts Rs 247 crore revenue in first year of vehicle sales
Digital Desk | New Delhi, Oct 26 (IANS) The Indian unit of Elon Musk-backed electric vehicle (EV) maker Tesla -- Tesla India Motors and Energy -- reported revenue of Rs 247.31 crore and a net profit of Rs 5.16 crore for FY26. According to regulatory filing, revenue from operations surged nearly 12-fold from Rs 20.83 crore in FY25. The carmaker's net profit increased from Rs 55.49 lakh as the company expanded its presence in the Indian market …
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
