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Tesla loses head of India just as it is rumored to finally enter the market

  • Tesla lost its India Country Head, Prashanth Menon, who resigned in early 2025 amid preparations to enter the Indian market.
  • Menon’s departure followed years of Tesla’s efforts to establish a presence in India, despite hurdles like high import tariffs and unmet government demands.
  • Tesla secured retail leases in Mumbai and Delhi, hired local staff, and set up an office in Pune in 2021 to support its market launch.
  • India reduced import tariffs on electric vehicles over $35,000 from 110% to 15%, and Tesla is preparing operations with assistance from its China teams, though no successor was named.
  • Tesla’s leadership change occurs as the company nears an official market debut in India, suggesting ongoing uncertainty amid promising but incomplete expansion plans.
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Bloomberg broke the news in United States on Thursday, May 8, 2025.
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