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Elon Musk's Tesla Is 'Not Interested' in Producing Cars in India

  • Tesla has no plans to start producing electric vehicles in India but intends to establish two showrooms in the country by 2025.
  • This stance follows India's new EV policy that reduces import taxes for carmakers investing at least $486 million in local production.
  • The policy aims to boost local EV manufacturing, create jobs, lower prices, and increase EV sales from 2.5% to 30% by 2030.
  • Union Minister HD Kumaraswamy indicated on Monday that Tesla is reluctant to establish manufacturing operations in India.
  • As Tesla hesitates, European brands like Mercedes-Benz and Volkswagen may become the focus of India's EV manufacturing ambitions.
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Inc42 Media broke the news in on Monday, June 2, 2025.
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